Czechs approve taxes on carbon permits, solar
PRAGUE, CZECH REPUBLIC - The lower house of the Czech parliament approved taxes on solar power and carbon dioxide emissions allowances granted to electricity firms as a response to a boom in expensive solar energy.
The government aims to stem fast expansion in solar plants, which enjoy high price tariffs that power distributors must pay for solar power, with a 26 percent tax on solar power revenues.
A separate tax charging traditional electricity makers 32 percent of the value of carbon emissions permits granted to them for free in 2011 and 2012 is aimed to raise revenue to subsidize power prices raised by the rising proportion of solar power in the overall energy mix.
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China’s installed offshore capacity jumped more than 60% in 2017, and its growing offshore market is aiming for a total grid-connected capacity of 5GW by 2020. Much of this future offshore development is slated to take place in Jiangsu, Zhejiang, Guangdong and Fujian provinces.…
