The European Commission authorised, on Wednesday 21 December, the modification of a German scheme to support the production of electricity from renewable energy sources.
This is a recent amendment to the Renewable Energy Act (‘Erneuerbare Energien Gesetz’ - ‘EEG 2023’). The aim of the EEG 2023 support, with an overall budget of €28 billion, is to ensure that 80% of electricity is produced from renewable energy sources by 2030, with a view to achieving climate neutrality by...