Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

EurActiv LogoSpeaking in Brussels yesterday (8 July), European Energy Commissioner Günther Oettinger said the EU would need a harmonised feed-in tariff to boost investment in solar power and other renewable energies. His comments came as the parliament in his native Germany was voting to approve cuts to the national feed-in tariff.

The commissioner praised the German Renewable Energy Sources Act (EEG) for guaranteeing "a fair price" for renewable energy, urging Europe to adopt something similar.

"I think we need a European EEG," the German suggested.

The ground-breaking regulation, adopted a decade ago, made Germany the world's biggest solar market despite its northern location and paved the way for similar schemes to be applied elsewhere across Europe.

To read the full, original article click on this link: Oettinger backs EU-wide renewables feed-in tariff | EurActiv

Author: EurActiv