German renewables shift welcomed by energy firms

EEG direct marketing push seen as good for power market

Solar panels at Lonza Biologics in Singapore - Photo REC

Energy trading firms are welcoming a recent change to Germany’s renewable energy legislation that will require the owners of all but the smallest renewable generation facilities to take responsibility for directly marketing their electricity.

The amendments to the German Renewable Energy Sources Act – also known as the EEG – came into effect on August 1. An increase in the number of renewable producers that must directly market their power is expected to be good news for utilities and other ener

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