German Renewable Energy Costs Threaten Public Support, ZEW Says
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Popular acceptance of Germany’s renewable energy drive is likely to weaken when households see the cost of subsidies in their power bills jump as much as fourfold, the ZEW Center for European Economic Research said.
Households will pay 3.53 euro cents per kilowatt-hour of consumed electricity in subsidies next year, up from 2.05 cents in 2010, Germany’s four power transmission grid operators said in October. One kilowatt-hour is enough to power a 100-watt light bulb for 10 hours.