Germany Starts Work on Auction Rules Designed to Curb Solar Boom
- Government seeks system to cover 80% of new installations
- Industry, lawmakers concerned about damage to clean energy
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Germany’s lawmakers are about to start work on legislation aimed at controlling growth in renewable energy installations, an effort to cap the spiraling cost of subsidies that consumers pay through their bills.
The rules, which the government seeks to enact by the middle of the year, would apply to 80 percent of new solar, wind and biomass installations, according to Rainer Baake, deputy economy and energy minister and the chief architect of the legislation.