german green energies law in focus of eu antitrust regulators
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

German green energies law in focus of EU antitrust regulators

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice German green energies law in focus of EU antitrust regulators

Berlin - Deutsche Welle

Generous German state subsidies for green energy producers have led to a boom especially in the photovoltaics sector, raising at the same time electricity bills to finance the renewables buildup. The European Commission was about to launch an official probe into industry exemptions from Germany\'s green energy laws on grounds that they break EU competition rules, the news magazine Der Spiegel reported Sunday. Under German law, energy-intensive industries such as steel, chemicals and automotive may be granted exemptions from fees on electricity charged by the state to finance the country\'s buildup of renewables. The exemptions, which are currently being granted to about 2,000 companies, had moved into the focus of the EU regulators because they might be considered illegal state subsidies, Der Spiegel reported. After lawyers in Brussels had looked at the law, Competition Commissioner Joaquin Almunia concluded it broke EU rules, Der Spiegel reported without citing sources. The Commission will announce the launch of official proceedings on Wednesday, according to the magazine. If the Commission were to rule against Germany, the green energy law would be banned and companies would likely face back payments in the tens of millions of euros. The number of German firms that have applied to be exempt from the levy has tripled within the past two years, meaning their share has been spread among other consumers. Germany\'s opposition Greens criticized that the government was too lenient, granting exemptions to firms that were not energy-intensive and did not face strong international competition - two primary conditions for waiving the fee. On Friday, the Greens energy policy spokesman said the government was expanding the number of privileges rather than cutting back on them. On Sunday, Chancellor Angela Merkel said she was aware of the concerns in Brussels, reiterating her determination to change the law if re-elected in September. In an interview for ARD public television, Merkel urged the leaders of Germany\'s federal states to cooperate on changes aimed at reining in renewables subsidies.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

german green energies law in focus of eu antitrust regulators german green energies law in focus of eu antitrust regulators

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

german green energies law in focus of eu antitrust regulators german green energies law in focus of eu antitrust regulators

 



GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 16:17 2018 Thursday ,30 August

Five Saudi women pilots granted GACA licences

GMT 23:58 2011 Saturday ,05 November

Ways to Update Your Furniture

GMT 13:14 2014 Saturday ,25 October

Alaa Abdel Fattah's appeal trial to be held Monday

GMT 05:26 2017 Thursday ,19 January

Solar energy making rapid progress in the region

GMT 12:55 2017 Tuesday ,26 December

Pope pleads for migrants at Christmas mass

GMT 10:29 2017 Saturday ,14 October

IMF chief urges more support for global trade

GMT 09:31 2017 Tuesday ,05 September

Battling to thwart diesel bans

GMT 11:35 2017 Saturday ,07 October

US tax overhaul 'desperately needed'

GMT 07:34 2017 Wednesday ,20 September

Death toll in Mexico quake rises to 248

GMT 13:47 2011 Monday ,01 August

World’s biggest Ramadan lantern lit up in Gaza

GMT 14:20 2015 Saturday ,15 August

'Deadliest Catch' star Tony Lara dead at 50

GMT 12:50 2012 Tuesday ,03 July

Leila Trabelsi appears in media

GMT 22:06 2012 Wednesday ,10 October

Gaza rockets strike Israel, no injuries
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice