Germany’s renewable energy law gets EU approval

Changes to renewable energy policies in Germany have won state aid approval from the European Commission. The Renewable Energy Act (EEG 2014) is designed to boost the share of renewables by providing incentives – through Feed-in Tariffs – for green energy fed into the grid. The Commission said the revised law reduces financial burden on […]

Is German green energy subsidy against competition laws?

Germany’s renewable energy subsidy could go against Europe’s competition laws and the office of EU Competition Commissioner Joaquín Almunia (pictured) is looking into the matter, it was reported last week. Lawyers in Brussels are now looking closely at the EEG, Germany’s renewable energy act, German weekly newspaper Der Spiegel reported over the weekend without citing sources. […]