The German government has all but ratified revisions to the EEG (the renewable energy law), according to German news sources.
Earlier this year, the German Bundestag proposed drastic revisions to the EEG, which governs Germany’s feed-in tariff, requiring utilities to buy electricity from solar power producers at predetermined rates. The initial motion was blocked by the German states, and the bill was sent to remediation for compromise. On the night of June 27, the remediation committee approved new revisions to the EEG. On June 28, less than twenty-four hours after the remediation committee gave the revisions a nod, the German Bundestag approved the amendments. The bill is expected to be passed by the German states when they meet today…. Read more