The EU Commission announced their approval of Germany’s new renewable energy law in Brussels on Wednesday. The Commission thinks the new law will help the country move away from fossil fuels and will not stop competition in the single market.
The German Renewable Energy Act or EEG 2014 will support the production of electricity from renewable sources, helping to meet carbon emission targets and will come into force on August 1 2014.
The EU Commission estimated the support of renewable electricity at €20 billion (£15.8bn) a year.
After concerns from the EU over energy discounts for many German companies in December 2013, Germany agreed that firms from outside the country would be allowed the same conditions as domestic companies.
Commission vice president in charge of competition policy, Joaquín Almunia, said, “The EEG 2014 paves the way for more market integration of renewables. In the medium term this should lead to lower costs for consumers. Also, the progressive opening up of tenders to operators located in other member states is a very positive development for the internal energy market.”
A publication by ResPublica released today says the UK should learn from Germany in its energy framework and policy.
The essay explains how it is currently too difficult in the UK for small businesses to become energy suppliers and the current market is monopolised by the ‘big six’. This is compared to Germany who has 1,100 electricity suppliers and households can choose from about 72 energy suppliers – most of which are local.
The think tank says the UK government should set up a ‘Help to Supply’ scheme aimed to help new suppliers enter the energy market through the government simplifying requirements.
They say locally governed infrastructure could help reduce complaints to energy companies, create transparency and lower household bills.
Lord Smith, chairman of the Environment Agency, said, “This essay shows very clearly how Germany has succeeded – where we have so far failed – in creating a bottom-up revolution in energy supply and distribution.
“Property-level renewable installation, community energy companies, small-scale local schemes: these have been the way forward for German electricity production, and it’s been a big success. We could learn some serious lessons here.”
The Winston Churchill Memorial Trust and Co-operative Energy support the publication.
Photo: Jako Jellema via Flickr
Like our Facebook Page
How to Find an Eco-Friendly Termite Control Service Provider in Malaysia
Eco-Friendly Vegans Win Most Battles Not the War
3 Iconic Chicago Billboards Eco-Friendly Advertisers Can Learn from
EnviroSolar’s Abe Issa Discusses Success in Green Entrepreneurship
How Sports Could Be Impacted by Climate Change
What Eco-Friendly Patients Should Know about Online Therapy
6 Reasons Why Meal Delivery Services are Eco-Friendly
The Path for Retail’s Sustainable Future
4 Eco-Friendly Ways to Treat a Sinus Infection
4 Strategies for Eco-Friendly Real Estate Investors to Find Properties
How Managed Print Services Helps to Reduce Paper Waste
Why Scientists Are Concerned About ‘Forever Chemicals’ In Drinking Water
Meat Farming Is Only Getting Smarter, Easier & Eco-Friendlier
What is Eco-Friendly Homesteading and How Does it Affect Your Insurance?
Importance of Using a Water Purifier in an Area with High Pollution
Alternative Financing Ideas for Green Businesses that Shun Banks
Tencel Material Demand Shows Britain Is More Eco-Friendlier Than Ireland
How To Invest in Clean Energy Stocks in Only Five Easy Steps!
How To Secure Funding As An Eco-Entrepreneur?
4 Amazing Eco-Friendly Businesses Worth Starting in 2021
- Features8 months ago
Seven Health and Safety Tips for Eco-Friendly Products in a Green Home
- Energy9 months ago
Eco-Friendly Homeowners Lower Carbon Footprints through Greater Air Conditioner Efficiency
- Features8 months ago
Essential Guidelines for Eco-friendly Moving into new Home
- Invest10 months ago
The Eco-Friendly Evolution of Bitcoin Over the Years