"It would be so easy to reduce the renewables levy"

Germany needs a reform of its renewables support system to bring down costs for power consumers but Berlin lacks “the political will” to do anything before the federal elections in September, writes Angela Hennersdorf in an opinion piece for WirtschaftsWoche. It would be “so easy to reduce” the renewables levy for consumers, for example by using power tax revenues to finance renewables development, or extending the levy to fossil fuels such as oil, gas and petrol, writes Hennersdorf.

Read the opinion piece (behind paywall) in German here.

Also read the CLEW factsheets Defining features of the Renewable Energy Act (EEG) and Germany ponders how to finance renewables expansion in the future and the CLEW article Last major German solar cell maker surrenders to Chinese competition.