Germany Lowers Subsidies for 'Green' Electricity
German Parliament adopted Friday legal changes curtailing subsidies allocated to renewable energy producers.
Bundestag members took the move after an unprecedented threefold increase of state aid for the sector in just four years.
Sigmar Gabriel, leader of the socialist party (SPD) which is the Christian Democrats' partner in the ruling broad coalition, was quoted by daily Bild as assuring Berlin is keeping in sight the 2050 target of a 80-percent share of renewables in the energy mix.
The decision was approved with 454 to 123 votes, with only six MPs choosing to abstain.
- » CGN shows interest in Bulgaria's Belene Project
- » Bulgaria, Azerbaijan to Discuss Expansion of Trade, Economic Links Next Month
- » Bulgargaz Proposes 3.4% Increase of Gas Price for Q4 2016
- » Bulgaria PM: Belene N-Plant Should Be Built Privately with State Help
- » South Stream, Turkish Stream Are No Rival Projects - Russia Energy Min
- » Putin Demands from Bulgaria 'Rock-Solid Guarantee' for South Stream