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ELECTRICITY: German TSO Require €17.03bn Funding in 2024 for Renewable Power

ELECTRICITY

Germany’s four TSOs will need €17.03bn from the German budget next year to pay out subsidies for renewable power due to a new regulation, the operators said, cited by Reuters. 

  • Parts of the subsidies were previously covered by another fund. 
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Germany’s four TSOs will need €17.03bn from the German budget next year to pay out subsidies for renewable power due to a new regulation, the operators said, cited by Reuters. 

  • Parts of the subsidies were previously covered by another fund.