German solar wants faster subsidy cuts
So far, plans had called for a 10 percent reduction of feed-in tariffs — incentives utilities are obliged to pay for power generated from renewable sources — in early 2010 and another 10 percent a year later. BSW is now proposing to add a cut in mid-2010.
"Some 10 percent on January 1, five percent at mid-year and then another 10 percent at the move into 2011," Asbeck said, according to an excerpt of an interview to be published in weekly Focus-Money magazine.
Utilities are obliged to pay 43 cents per kilowatt hour of electricity produced for 20 years for systems installed in 2009. Companies including Solarworld have called for a faster reduction of subsidies in exchange for international environmental and quality standards in regulation.
According to Handelsblatt newspaper, the BSW association is set to make its proposal to policymakers at a January 13 meeting.
Germany is a world leader in green energy with a 15 percent share of all electricity produced and wants to double that to 30 percent by 2020.
Related News
Sustainable Marine now delivering electricity to Nova Scotia grid from tidal energy
HALIFAX - Sustainable Marine has officially powered up its tidal energy operation in Canada and is delivering clean electricity to the power system in Nova Scotia, on the country’s Atlantic coast. The company’s system in Grand Passage is the first to deliver in-stream tidal power to the grid in Canada.
The system start-up is the culmination of more than a decade of research, development and testing, managing the technical challenges associated with operating in highly energetic environments and proving the ultra-low environmental impact of the tidal technology.
Sustainable Marine is striving to deliver the world’s first floating tidal array at FORCE (Fundy…
