CZ : The Czech government approved a work plan on renewable energy - Alternative energy news

CZ : The Czech government approved a work plan on renewable energy

Published on Alternative energy  |  August 27, 2010, 7:48

The Czech government approved Wednesday a framework for renewable energy plan, which aims to reduce the generous subsidies that led to a solar boom in country, being ranked third in Europe.

The plan calls for a cap on tariffs for solar energy, about half the current level and states that recycling be mandatory for old solar panels.
It also wants an annual limit on subsidies for wind and solar.

"This is one of the measures that the taking in reaction to the current rapid development of some renewable resources and connected economic risks", government spokesman Tomas Bartovsky said in a statement.

"It defines limits for various sources. When these are exceeded, the government will interrupt or cancel subsidies".

In March, the Czech parliament approved a law to control the solar energy boom has caused increased concerns about high electricity prices and a possible instability of the power grid.

Generous subsidies have made the Czech Republic to be the third largest solar power in Europe last year, behind Germany and Italy, in terms of newly installed capacity.

"This will for example allow us to halt the rocket-like growth of photovoltaic".

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