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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

VCI calls for a reduction in energy cost, not a redistribution

10:00 AM MST | November 13, 2013 | Michael Ravenscroft

Germany's chemical industry association VCI (Frankfurt) says it is 'concerned' about discussions to reform the country's renewable energy law (EEG), as part of negotiations to form a new Federal coalition government. According to the information available, the coalition government would only redistribute the special fees for EEG, says VCI. The organization says that energy costs in Germany will therefore increase again in the coming year. Various self-interest groups are having a considerable influence, resulting in any reform of EEG being watered down, according...

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