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Global Trade Alert

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Germany: Prolongation and modification of Renewable Energy Act (EEG 2021)

Description

On 29 April 2021, the European Commission approved Germany's Renewable Energy Act (EEG 2020) which establishes a scheme to support renewable energy sources. The scheme provides tax relief to reduce su...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Apr 2021

Revocation date

31 Dec 2026

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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