Vladimír Urbánek (Kurzy.cz)
Markets  |  March 25, 2013 15:52:50

Merkel backed, subsidies for obnovtelné resources will not be reduced


German Chancellor Angela Merkel after energy summit German Länder argued that subsidies for renewables are not yet reduced. Subsidies for renewables are recently under strong criticism because they are one of the main reasons for the continuous growth of electricity prices for end consumers, which became a powerful social and political issue, among other things due to the upcoming German elections.

According to statistics, the cost of electricity for the largest German companies in the past 5 years increased by 40%, basic tariffs for German companies are about 15% higher than the EU average. Firms already this trend do not want to accept.
Prolonged increase in electricity prices also German mind begins to households that otherwise positively in the past to treat ideas "energy revolution" to promote a wider use of renewable energy sources. Previously, a positive attitude is changed to neutral rather with the fact that there are real concerns about the politicization of this issue in the coming elections.

Land on the German energy summit unsuccessfully tried to push through tax benefits for energy consumption, which would save households per year to about 2 mld.EUR.
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