BMI View: How to tackle the issue of rising electricity prices, whilst at the same time continuing to follow the country’s ambitious energy agenda, will be one of the key challenges of Angela Merkel’s new government. Therefore, a recent announcement by German grid operator TansnetBW, that the surcharge consumers pay for renewable energy will increase by 18% in 2014, is likely to further fuel the debate surrounding both household and industrial power prices and reinforce the need to reform the current format of the EEG (the German Renewable Energy Act). The German renewables industry has grown at a phenomenal pace …
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