News
Cuts in wind farm subsidies imminent
The Economic Affairs Ministry says consumers cannot manage to pay the cost of the rapidly growing support, ETV reported, and plans to lower them.
The development has come at an inopportune time for many wind energy producers who had hoped for a more celebratory tone at the October 20 to 21 Baltic Sea Wind Energy Conference in Tallinn.
October 21, 2011
by Kristopher Rikken
in Estonia Public Broadcasting
ESTONIA -- Renewable energy producers are prepared for a fight to defend their rights to the subsidies established in 2007.
The Economic Affairs Ministry says consumers cannot manage to pay the cost of the rapidly growing support, ETV reported, and plans to lower them.
The development has come at an inopportune time for many wind energy producers who had hoped for a more celebratory tone at the October 20 to 21 Baltic Sea Wind Energy Conference in Tallinn.
Last year renewable producers received 45 million euros in subsidies, a 76 percent growth since 2007. They say that if deprived of the assistance, consumers... [continue via Web link]
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Tax Breaks & Subsidies
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Europe
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