Coincidence or pattern – are European countries stepping back from the investments in renewable energy? 24Sep

Published by Deyan Matov in Blog | Tagged , , , , ,

C. G. P. Grey

After Greece and Bulgaria, the Czech Republic recently announced that it will cut feed-in tariffs for renewables and end subsidies for them in 2014. The question is whether this is temporary or will become a trend for other EU countries? Retreat from renewables now seems slow enough to cool investors.

The recent reductions of feed-in tariffs across Europe has caused a lot of turbulence in the renewable energy sector. In his analysis Timon Dubbeling argues that the honeymoon period for renewables in Europe came to an end.

Meanwhile, investors are turning their heads to China and the US, mainly because some of the biggest economies on the old continent (Germany, Spain, Italy and Portugal) continue to slash subsidies for solar power.

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