ANALYSIS: German doubts linger

The outcome of Germany's elections is still wide-open

The outcome of Germany's elections is still wide-open

Germany’s government has confirmed what it had been acknowledging silently off the record for weeks.

Efforts to reach a deal before September federal elections over proposals for harsh cuts to renewables support have failed. No consensus is to be expected.

At first, that looks like good news. Industry fears that the federal government may somehow still push through some of the measures, such as an across-the-board cut to onshore wind feed-in tariffs, or a five-months moratorium before any FIT’s are paid, can rest – for now.

Yet plenty of damage has already been done.

Even if companies can now be a bit calmer over their planning, at least until the elections, financing institutions will Log in to read complete article.

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