Tuesday, March 20, 2012

German consumers may take on risk of offshore wind links

Escalating government subsidies, and pressure to cap liabilities at a level that can be insured ... it reminds me of claims about a generation source that isn't wind...

German consumers may take on risk of offshore wind links - Finance - Renewable energy news - Recharge - wind, solar, biomass, wave/tidal/hydro and geothermal:
"The German government appears willing to put electricity consumers on the hook for damaged or delayed offshore-grid connections, making it easier for TenneT or other transmission system operators (TSOs) to finance the links."
A new system would have the effect of shifting legal liability for unavailable transmission lines away from TSOs and onto German bill-payers.
...
Last month TenneT said the government should limit the liability a grid operator faces due to connection delays to “an amount that can actually be serviced by the insurance market”.

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