TURNING THE BIG GUNS ON RENEWABLES FINANCING

The German electricity utilities association, VDEW, is considering lodging an appeal with the Federal Constitutional Court against the Electricity Feed Law (EFL). The law obliges utilities to buy renewables power at a premium price and forms the basis of the wind market in Germany -- currently the most dynamic in the world. To support its views the VDEW has prepared a report which is not yet available to the public.

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