‘Plan B for green energy’

Published on 10 September 2013 at 10:43

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In response to the continued rise in electricity prices prompted by subsidies for green energy, Handelsblatt has published a feature on alternatives proposed by industry to reduce energy costs without abandoning the “energy transformation” launched in 2000.

The main characteristic of these alternatives is “more market and more flexibility”: green energy should be bought and sold at market prices, and not at a fixed price, as it is currently.

The newspaper points out that since 2000, the annual cost of state support for green energy has shot up from €0.9bn to €20bn, of which one fifth — or 5.3 euro cents per kilowatt hour — is paid for by consumers.

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