German parties aim to abolish renewable energy surcharge from 2023-sources – EQ Mag Pro
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FRANKFURT : Germany’s Social Democrats, Greens and Free Democrats have reached an initial agreement in talks on forming a new government to abolish a renewable energy surcharge by January 2023, negotiators told Reuters on Wednesday.
The EEG surcharge, which is used to fund wind and solar power production costs of more than 20 billion euros ($23.15 billion) a year, had been earmarked for a phase-out by the outgoing government and run-away energy prices have added urgency to abolish it.
Source : reuters
