Germany’s top court rejects renewable energy producers’ case against use of windfall profits ...Middle East

News by : (News10NBC) -
BERLIN (AP) — Germany’s highest court on Thursday rejected complaints by renewable energy producers against a government decision in 2022 to use their “excess profits” to help finance a cap on electricity prices. A submission to the Federal Constitutional Court by 22 generators of wind, solar and biomass energy argued that dealing with the energy crisis that followed Russia’s full-scale invasion of Ukraine was the responsibility of the state and should therefore have been financed from taxes. They also said their facilities hadn’t contributed to high electricity prices. But the court found that the measure was, in the exceptional situation that the energy crisis created, constitutional. “Exc

Hence then, the article about germany s top court rejects renewable energy producers case against use of windfall profits was published today ( ) and is available on News10NBC ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Germany’s top court rejects renewable energy producers’ case against use of windfall profits )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار