Resource Documents by Rheinisch-Westfälisches Institut für Wirtschaft sforschung
Rheinisch-Westfälisches Institut für Wirtschaft sforschung
Economic impacts from the promotion of renewable energies: the German experience
Executive Summary An aggressive policy of generously subsidizing and effectively mandating “renewable” electricity generation in Germany has led to a doubling of the renewable contribution to electricity generation in recent years. This preference came primarily in the form of a subsidy policy based on feed-in tariffs, established in 1991 by the Electricity Feed-in Law. A subsequent law passed in 2000 guaranteed continued support for 20 years. This requires utilities to accept the delivery of power from independent producers of renewable . . . Complete article »
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