Energy: Reiche wants to allow return of wind power areas in exceptional cases
In view of the tense situation with offshore wind energy expansion, the Minister of Economic Affairs is planning adjustments - but only for very specific areas.
German Economics Minister Katherina Reiche is revising plans for wind energy expansion in the country's marine areas. The goal is to ensure that wind farms are actually built, rather than just allocating large amounts of capacity. Reiche's plans involve optimizing area allocations and grid infrastructure, and initially forgoing state subsidies for future auctions to improve project distribution.
For projects that require subsidies, difference contracts are planned to help investors during low electricity prices and ensure state revenues during high prices. Reiche also aims to allow returns and re-allocations of certain previously awarded offshore areas, specifically those with a total capacity of 9.5 GW awarded in 2023 and 2024 without prior investigation.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
