Germany slams on support brakes

Germany may impose a moratorium on feed-in tariff (FIT) support for new renewable power plants, or even temporarily cut payments for existing projects, under proposals that were immediately condemned by clean-energy supporters.

Environment minister Peter Altmaier has proposed a series of "emergency" measures to keep rising costs for renewable production from pushing up power prices to consumers, which has emerged as a huge issue in a German federal election year.

As part of what the minister calls an “electricity price fuse”, the “reallocation charge” for energy from renewable sources would be frozen at its current level of €0.0528 ($0.071) per kilowatt hour this year and next. In subsequent years, any rise in that supplement would be limited to 2.5%.

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