1. Merkel slows down Germany’s renewable power growth
Angela Merkel has struck a deal with the German states to slow down the growth of green power, capping the expansion of onshore wind power at 2.8 gigawatts in capacity per year. The reason given is:
- Generous green subsidies have led to a boom in renewable energy, such as wind and solar power. But the rapid expansion has pushed up electricity costs in Europe’s biggest economy and placed a strain on its grid.