Although
feed-in
tariffs
(FITs)
for
renewable
power
output
have
been
falling
recently,
costs
will
remain
high
for
decades
to
come
as
FITs
are
often
granted
for
a
20-year
period,
he
told
the
Frankfurter
Allgemeine
Zeitung
newspaper.
The
design
of
Germany’s
electricity
market,
which
has
the
paradoxical
effect
of
driving
up
support
payments
for
renewables
whenever
a
high
green-power
output
pushes
wholesale
market
prices
down,
also
adds
to
the
costs,
he
acknowledged.
“The
energy
turnaround
needs
to
be
affordable,”
he
insisted.
FIT
payments
up
to
2022
alone
–
the
year
Germany
plans
to
have
switched…
