Thursday, November 14, 2024

German Lower House Passes Renewable Energy Law

Posted by June 27, 2014

Germany's Bundestag lower house of parliament on Friday passed a law to reform the system of renewable energy subsidies, clearing the first hurdle for a plan that could still be stopped by the European Union.

The law - part of Germany's efforts to wean itself off nuclear power - still needs approval from the upper house and the European Commission, which is concerned that exemptions from a power surcharge may infringe EU state aid laws.

(Reporting by Annika Breidthardt and Stephen Brown)

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