BMI View: Germany’s position as the European renewables bellwether remains intact, despite the costs of the renewable energy expansion mounting fast. The price tag of the ‘Energiewende’ is becoming an increasingly contentious issue between the government, German utilities and consumers – with no party in a particularly strong position to finance the transitional energy agenda. We maintain our belief that the government will have to foot the renewables bill for the time being, considering the upcoming election in September. The German government promptly decided to phase out all of the country’s nuclear capacity by 2022, following the nuclear catastrophe at …
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