EEG reform 'to cost Germany €3bn'

The German election will have a deep impact on renewables

The EEG reforms are set for a parliamentary vote before the summer

A planned reform of the Renewable Energies Act (EEG) would lead to the loss of some €3bn ($4.12bn) in value-creation across Germany and impede 20,000 new jobs in renewables by 2020, a study by the institute for ecological economic research IÖW commissioned by Greenpeace says.

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