Germany’s ruling coalition sealed a long-awaited plan to boost auctions of wind and solar power, brushing aside the political turmoil that’s dogged the alliance since the summer and making good on election promises. Coalition lawmakers agreed on Wednesday to auction a total of 8 gigawatts of wind and solar power from 2019 to 2021, redeeming a pledge they made in February, according to a statement released by the Christian Democrat and Christian Social Union caucuses. The capacity adds to regular power auctions and is “aimed to speed achievement of a 65 percent share for clean power in the nation’s energy mix by 2030,” the parties said. Next year, the government will draw up a new package of auction plans for the period 2021 to 2030, they said.
Bloomberg 31st Oct 2018 read more »