15 February 2013 by Sara Knight, windpowermonthly.com
A joint proposal to cut the costs of increasing Germany’s renewable energy capacity has been presented by the federal economy and environment ministers.
If the measures are implemented, renewable energy association BEE fears a massive market collapse for investment in renewables.
The paper, which has been met with widespread criticism, includes:
The planned 4% cut will undermine the economic basis for all offshore wind projects in planning or under construction, warned German wind energy association BWE.
URL to article: https://www.wind-watch.org/news/2013/02/20/german-government-looks-to-slash-renewables-funding/