German Utility Lobby Seeks End of Unlimited Clean-Energy Subsidy
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German Chancellor Angela Merkel’s new government must place a limit on aid to clean-energy developers and force them to sell power on the market to reduce costs, a utility lobby said.
Developers of new projects should sell electricity on the market and get a flexible “market premium” on top of that, the BDEW, representing utilities including EON SE and RWE AG, said today in an e-mailed statement. The amount of electricity that qualifies for the aid should be capped, the group said in a 22-page paper. Under the existing rules, there’s no limit for the next 20 years,