Wednesday, 3 April 2013

Germany Power Report Q2 2013

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Germany Power Report Q2 2013
Apr 3rd 2013, 00:00

BMI View: Following the government''s decision to phase out nuclear power in Germany, the costeffectivenessof other sources of electricity has come under scrutiny. Generous subsidies to promote the useof non-hydroelectric renewable are taking their toll on other sources of power generation. This, combinedwith reduced demand, means that many utilities are reviewing the profitability of their thermal powerstations. Firms are calling for a reform of the wholesale market; in February 2013, two governmentministers unveiled plans to reduce subsidies for renewable energy, but Dena wants the government to gofurther, with a reform of Germany''s renewable energy act, the EEG. W...

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