Germany announces further renewable support caps

Germany’s environment minister, Peter Altmaier has announced plans to limit support for wind energy and biomass generation, as part of reforms of green energy policy.

The minister also stated that Germany’s green targets have now been raised, with renewables expected to account for 40 per cent of total power production in Germany by 2020, up from the original target of 35 per cent.

Peter Altmaier

The minister is trying to soothe fears about rising household electricity bills before next year's election.

Meanwhile Mexican president-elect Enrique Pena Nieto is engaging Chancellor Angela Merkel’s advice on how to develop the Latin American nations renewable energy sector, according to Reuters.

"Mexico needs to increase its presence in this area, it needs to develop models of non-polluting, renewable generation of energy and I believe Germany's experience makes it a world leader," said the 46-year-old Mexican president-in-waiting.

Germany has a robust system of so-called "feed-in tariff" subsidies which have helped it reach the point where 25 percent of its electricity comes from renewable sources such as wind, photovoltaic or solar energy and biogas.

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