But
Stadtwerke
München
(SWM),
which
is
owned
by
and
provides
power
for
the
city
of
Munich,
fears
that
proposed
changes
to
Germany’s
renewables
system
may
make
these
targets
impossible.
SWM
invests
in
a
wide
range
of
renewables
projects
around
the
continent,
but
says
it
may
have
to
halt
investment
in
Germany
if
a
temporary
moratorium
or
retroactive
cuts
are
made
to
the
feed-in
tariff.
“It
is
completely
impossible
to
make
[long-term]
investments
for
an
offshore
wind
park,
of
about
€1.5bn-2bn,
if
I
don’t
have
absolute
planning
security
in
terms
of
the…
