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BUDGET STILL IN THE DARK
1 August 1995
While DEM 21.5 billion of public money has been promised in market support for Germany's hard coal industry over the next three years (1996-1998), the renewables sector is still in the dark about its annual budget for market stimulation. So far it seems that DEM 100 million is earmarked for renewables, though this has already been whittled away by extending the budget period from three to four years. The government has also promised DEM 30 million for 1995, but from then on the picture is none too clear. The administrating office of the renewables programme, Bundesamt für Wirtschaft (BAW), stresses that decisions on future annual budgets for renewables will only be made year by year, dependent on the health of the national budget. The official support guidelines for seven renewable sectors "may" be published this month.
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