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European Commission approves new German renewables law
Image: PixabayOfficial Press Release WindEurope:
European Commission approves new German renewables law but sets unhelpful precedent by allowing short-term cuts in auction volumes
Last week the European Commission approved the latest amendments to the German Renewable Energy Act. This means Germany can now publish the results of its last onshore wind auction, and work on the relevant wind farms can start. But the Commission have set an unhelpful precedent by approving a new mechanism in the Act which allows the German energy regulator to arbitrarily reduce auction volumes if they’re worried an auction may be undersubscribed.
The European Commission has approved Germany’s revised Renewable Energy Act (EEG2021) under the EU State Aid rules. EEG2021 defines the annual auction volumes for new onshore wind farms in Germany up to 2028. The Commission’s approval finally allows Germany to announce the result of its first onshore wind auction of... ... More: Official Press Release WindEurope
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- WindEurope, European Commission, Germany, renewable energy, target, mechanism, permit, approval, lifetime extension scheme, GW, old, turbine, wind farm
