23 Sep '13, 12pm

German Industry Calls for Renewables Policy Reform

German consumers and businesses pay a so-called EEG surcharge to support the nation's goal of meeting 80 percent of its energy needs with renewables by 2050. BDEW , the energy and water trade association, has predicted that these costs will increase this year from €14.1 billion to €20.4 billion. While German households pay among the highest electricity rates in the EU (and rates are set to rise again in 2014), industry is also feeling the bite despite EEG surcharge exemptions, worth about €4 billion, for energy-intensive sectors. The exemptions were originally intended for a small number of companies, but current estimates of the number of exempted businesses range from around 1700 to 4000, leading to public protest within Germany and an ongoing investigation by Europe’s antitrust regulator. “The EEG system was carefully structured to keep German industry competitive,” sai...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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