“Subsidy system of the Renewable Energy Act should be abolished”
The economically liberal Free Democratic Party (FDP) will push for a market-oriented system to pay for renewable energy, and wants to get rid of the Renewable Energy Act (EEG) and the surcharge for renewables on consumer power prices, Hermann Otto Solms, a member of the FDP negotiating team in the ongoing coalition talks, writes. Solms says the renewables surcharge is a subsidy that costs consumers – and small- and medium-sized businesses in particular – billions. The FDP also wants to reduce the electricity tax.
The possible coalition parties (CDU/CSU, FDP and Green Party) will discuss energy, climate and the environment in exploratory talks on Thursday, 26 October.
Read the statement in German .
For the latest developments in the coalition building process click here.