IEA sounds German RE warnings

The International Energy Agency (IEA) in its 2013 review of German energy policy has commended the country for its efforts to build a low-carbon system, but cautioned that electricity must remain affordable and warned of sudden changes to renewables support schemes.

“The fact that German electricity prices are among the highest in Europe, despite relatively low wholesale prices, must serve as a warning signal," said IEA executive director Maria van der Hoeven as she presented the report in Berlin alongside German economics state secretary Stefan Kapferer.

So far, German consumers have absorbed the costs of the country’s Energiewende, its transition away from nuclear to a power supply based on renewables, via a renewables surcharge on electricity bills .

But a debate over the social and economic impacts of the country’s renewables legislation has become Log in to read complete article.

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