“After the reform is before the reform”
Germany's energy transition has to become more European and more innovative, Michael Fuchs writes in Handelsblatt. Fuchs — who serves as vice chairman of Germany's conservative Christian Democratic Party (CDU) and is in charge of economy and energy policy for the party — notes in his commentary that the recently amended Renewable Energy Act (EEG), known as EEG 2017, has taken the first steps towards making the renewable energy sector more competitive. He adds, however, that a course correction is necessary to insure a stable framework for the expansion of renewable energy. He adds that there has been no innovation to the existing system despite 25 billion euro a year investment in the renewable energy sector.
Read the article in German here.
For background read a CLEW factsheet on the EEG 2017.