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Berlin Plans Changes to Renewable Subsidy Scheme

POWER

The German government plans to abolish payments given to power producers for generation during negative power prices, with the changes applied in 2025, it said, cited by EurActiv.

  • The move is due to the financial burden under the current renewable scheme, which is expected to cost €17bn in 2025. The changes will be applied 2 years before the EU requirement.
  • Government support is currently tied to electricity production to guarantee a minimum revenue level for renewable energy developers per unit of power generated.

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