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Germany ends power subsidies
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Germany ends power subsidies
Germany’s Bundesnetzagentur, the regulatory body overseeing the country’s energy grid, has announced a proposal aimed at providing financial relief to power consumers. The plan involves gradually phasing out payments currently made to smaller, conventional power generation units over a three-year period, starting from 2026 and ending in 2028, according to a Reuters report.Phasing out paymentsThese payments are intended to incentivise these units…
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