Sunday, July 27, 2008

German Waters Contribute to Green Revolution

The recent changes to the German Renewable Energy Law (EEG) have sparked a green revolution off the northern coast. The EEG sets fixed rates of 15 cents per kilowatt hour (compared to 9 cents before the change) and this rate increase make an investment more interesting. For now the government envisions thousands of wind turbines in the waters with construction beginning in August. Der Spiegel has the complete article.

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