Oct 2, 2013 - Germany is benefiting from its subsidy schemes for the wind power industry, according to a study comparing the funds invested in the industry with the taxes paid by the sector.
The results show that the renewable energy subsidy programmes are economically advantageous in the long run, Peter Bickel, one of the authors of the study, said.
Germany has poured about EUR 5.5 billion (USD 7.4bn) in the expansion of wind power since the beginning of 1980. At the same time, the sector players have returned EUR 8 billion, mainly in the form of taxes, to the state, the ZSW research institute said.
The surplus was first registered in 2008 and is growing ever since.
Renewable energy in Germany is currently being supported through a surcharge of 5.3 euro cents per kilowatt hour (kWh).