to-the-point: Germany plans 7.5% cut to wind FiT in 2017

Germany is planning to cool down wind turbine deployment with a 7.5% cut to the feed-in tariffs (FiTs) for such projects in early 2017, Reuters said, citing a document is has obtained.

Wind power capacity installations have remained by around 1 GW above the government set corridor of 2.4 GW-2.6 GW for any 12 months. Despite regular quarterly cuts to support, deployment remains high.

The 7.5% reduction in the wind FiT will apply for project approve in 2017 and 2018, according to the report.

Today, the federal government and the separate state governments are discussing changes to the Renewable Energies Act (EEG). Reuters said that an agreement is expected at the end of the month.

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