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‘Green’ subsidies too high

Sep 08, 2010
From wire reports

TALLLINN - The Estonian government agreed at its cabinet session last week to cut subsidies to production of “green” electricity; while the exact figures are not known yet, the talk is around at least 300-600 million kroons (38.4 million euros) a year, reports Postimees. Economy minister Juhan Parts said that the capital productivity of renewable energy companies is too high in places and they are excessively profitable in some cases. Every KWh of electricity produced from win ...

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