“New levy threatens pumped storage plants”
Operators of pumped hydro power plants warn a planned law will increase operating costs to the point where the stations will have to be closed, reports Andreas Mihm in the Frankfurter Allgemeine Zeitung. The government cabinet will vote on Wednesday to increase support for combined heat and power plants, which would raise costs for pumped storage. “We are talking about the end of pumped storage in Germany, which is not good for the Energiewende,” said Tuomo Hatakka, head of Vattenfall Germany. Pumped storage operators argue their stations must be exempt from paying the levy for combined heat and power.
Read an article in Die Welt about this issue in German here.