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Germany to scale back renewable subsidies amid power grid strain

Europe 1 source 1 country 🔦 Under-reported 50m ago

Germany plans to scale back renewable-energy subsidies in a sweeping overhaul of its funding system, as surging solar output puts growing strain on the country’s power grid. From 2027, new renewable generators should receive support “in a way that benefits both the market and the system,” according to a draft law published by the Economy Ministry late on Friday. That means rewarding projects that respond more closely to electricity demand and do not worsen grid congestion.

Summary from source
Read the full story at the source South China Morning Post · HK