As the excitement around the World Cup starts to dwindle, a different goal was recently scored for green energy in Germany, as the government passed a new renewable energy law.
Germany’s upper house of parliament passed the renewable energy law with the intention of moving the country away from fossil-fuel and nuclear-generated power towards more environmentally conscious energy solutions, such as solar and wind.
The bill was passed after months of negotiations and will focus on repairing the side effects of the government’s original plan to move towards renewable resources. The first legislation left many consumers and businesses unhappy with the increase in power costs. One of the EU’s main concerns with the original law, for example, is that companies importing electricity into Germany are treated unfairly with a high surcharge that the government claims is a customs duty. Under the new energy law, however, the government has agreed to fairly treat imported energy as well as locally produced energy.
As a result, German energy companies have been ordered pay a total of 40.8 million for what the EU considered unfair aid received in 2013 and early 2014. It is in this way that the law ultimately aims to make renewable energy more cost-efficient for companies of any size and plans to trim subsidies for new green power plans, ranging from large wind farms to solar panels on residential homes.
Unlike tired soccer players, renewable energy will never deplete after use and Germany’s movement towards renewable resources is hopefully a trend that other countries will follow. As countries shift towards creating legislation for green energy they should undoubtedly take into consideration Germany’s tactics to learn from any mistakes made. After all, the move to green energy is a necessary one but it can also be a complex one. The new renewable energy law is expected to go into effect with no predicted conflict on August 1st.