German Energy Giant Warns Against Wind and Solar Subsidies ...Middle East

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German Energy Giant Warns Against Wind and Solar Subsidies
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The chief executive of German power utility major E.ON has called on the government to prioritize businesses over wind and solar capacity additions, saying job creation was more important than more turbines. “First priority for grid connection should go to whoever creates jobs,” Leonhard Birnbaum told Sueddeutsche Zeitung in an interview, as cited by Reuters. “The costs for the fixed feed-in tariff for new solar power may look harmless per year,” the executive added. “But the subsidy often runs for 20 years, and that…

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