German Industry calls for overhauling of Renewable Energies Act

Germany’s most powerful industry federation BDI regards a fundamental reform of the country’s Renewable Energies Act (EEG) as necessary to ensure competitiveness, BDI president Dieter Kempf said in a press release. Kempf said energy policy should be made a focus for political parties in the next legislative period, where “cost cuts” were a necessity for industry. Kempf said cutting energy taxes was “totally ineffective” and would not increase competiveness, whereas the “cost burden” from the EEG levy, which is paid by 96 percent of industrial companies, was “a top priority” for reform.

Find the press release in English here.

See the CLEW dossiers The reform of the Renewable Energy Act and Energiewende effects on power prices, costs and industry for background.