Business lobby criticises increase of maximum wind power remuneration

The Association of German Family Businesses has criticised the Federal Network Agency’s (BNetzA) decision to increase the maximum remuneration rate for onshore wind power auctions, Klaus Stratmann writes in Handelsblatt. The business lobby says the BNetzA’s move was an “unacceptable step backwards”, as guaranteed remuneration for wind power had to fall and eventually disappear rather than increase, Stratmann writes. The BNetzA has recently raised the maximum remuneration to 6.3 eurocents per kilowatt hour in order to guarantee that bidders can operate their installations at a profit and to prevent a slowdown in expansion.

Read the article in German here.

For background, see the CLEW factsheet High hopes and concerns over onshore wind power auctions.