RWE's Renewables Unit Calls For More Reform of German Energy Policy

Germany urgently needs to press ahead with reforming its energy market, but a series of elections, including general elections in the autumn, could mean standstill for much of 2013, said utility RWE AG's (RWE.XE) renewable energies chief Thursday.

Speaking to journalists at the company's head office in Essen, Hans Buenting, managing director of RWE Innogy GmbH, said that the government's top priority in terms of energy policy this year should be a reform of the renewable energies law to help contain the spiraling costs of subsidizing "green" technologies like wind and solar power.

How good is the new Poland law?

In the interview published by wnp.pl, member of the management board at RWE Renewables Robert Macias suggests that a transitional period should be applied for the renewable energy projects which are currently being carried out in Poland. Large part of the projects had been commenced before the enactment of the new regulations on support for renewable energy sources. Many are also not likely to be completed before 1 January 2013, when the amended law on RES will come into force.