Series Title | EurActiv |
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Series Details | 27.01.14 |
Publication Date | 27/01/2014 |
Content Type | News |
The German coalition government agreed in January 2014 on far-reaching cuts to industry energy rebates and wind power generation. The plan, which was still being negotiated, would reform the Renewable Energy Sources Act (EEG), and was introduced by Sigmar Gabriel, German Minister for Economic Affairs. On the 7 February 2014, EurActiv reported that Germany's domestic energy prices are 48% higher than the European average and that the new German government should make an effort to put the energy transition back on track. On the 13 February 2014, Germany announced it would extend the disputed subsidies to heavy industry. Competition commissioner Joaquin Almunia and the German vice-chancellor and energy minister Sigmar Gabriel met on the 17 February 2014 to further discuss on an possible agreement to solve the dispute. On the 26 February 2014, a German government-commissioned committee on research and innovation called for the abolition of the Renewable Energy Sources Act. They argued that maintaining growth in the renewables sector had led to price hikes, but had not promoted climate protection. |
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Source Link | Link to Main Source http://www.euractiv.com/energy/german-government-cut-industry-e-news-533002 |
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Subject Categories | Energy |
Countries / Regions | Germany |