Germany calls for better support schemes for renewables across EU
Germany’s state secretary in the economy ministry (BMWi), Rainer Baake, finds the EU Commission’s proposals on support for renewable energy sources “inadequate,” the ministry says in a press release. In the run-up to a meeting by the Council of Ministers on the EU regulation package dubbed “Clean Energy for all Europeans,” Baake says he welcomes the fact that the Commission plans to gear its power market design to a greater share of renewable energy, “similar to the German power market 2.0.” Baake says it is right to allow for a free formation of prices but also says there should be greater convergence among European support schemes in order to ensure investor security.
Read the press release in German here.
For more information, see the CLEW factsheet Germany’s new power market design.