GERMAN MOVES TO TACKLE RISING RENEWABLES COSTS

摘要

Proposals for reforms to Germany's renewable energy support policy have been tabled by the country's conservative federal environment minister Peter Altmaier. At a round table meeting on measures to curb the rising costs of the Renewable Energy Sources Act (EEG), Altmaier and Federal Economics Minister Philipp Rosier jointly presented a proposal. The two ministers agreed that short-term adjustments to the EEG are necessary to curb immediate costs and, in the longer term, that the EEG needs to undergo fundamental reform.