But two things should not be overlooked. Firstly, it couldhave been far worse. And secondly, Chancellor Angela Merkel’s likely incominggovernment has given the rough outline of a policy that allowsGermany’s Energiewende to plough ahead with reasonable stability, albeit at aslightly slower pace.
Yes, what has long been Europe’s biggest market forrenewables for the first time will have a cap imposed on its expansion – theshare of RE will be limited to 45% of electricity output by 2025.
