German solar wants faster subsidy cuts


CSA Z462 Arc Flash Training – Electrical Safety Compliance Course

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 6 hours Instructor-led
  • Group Training Available
Regular Price:
$249
Coupon Price:
$199
Reserve Your Seat Today
German solar companies in industry association BSW are proposing to cut subsidies faster than planned, Solarworld Chief Executive Frank Asbeck told a German magazine.

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

Solar changing shape of electricity prices in Northern Europe

EU Solar Impact on Electricity Prices highlights how rising solar PV penetration drives negative pricing,…
View more

Electricity rates are about to change across Ontario

Ontario Electricity Rate Changes lower OEB Regulated Price Plan costs, adjust Time-of-Use winter hours and…
View more

Charting a path to net zero electricity emissions by the middle of the century

Clean Energy Standard charts a federal path to decarbonize the power sector, scaling renewables, wind,…
View more

B.C. Hydro misled regulator: report

BC Hydro SAP Oversight Report assesses B.C. Utilities Commission findings on misleading testimony, governance failures,…
View more

Coronavirus and the U.S. grid: What to know

COVID-19 Impact on US Electric Grid: utilities, ERCOT, PJM, and MISO brace for load shifts…
View more

China's electric power woes cast clouds on U.S. solar's near-term future

China Power Rationing disrupts the solar supply chain as coal shortages, price controls, and dual-control…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Live Online & In-person Group Training

Advantages To Instructor-Led Training – Instructor-Led Course, Customized Training, Multiple Locations, Economical, CEU Credits, Course Discounts.

Request For Quotation

Whether you would prefer Live Online or In-Person instruction, our electrical training courses can be tailored to meet your company's specific requirements and delivered to your employees in one location or at various locations.