Subsidy cuts show that renewable energy is coming of age

Subsidy cuts show that renewable energy is coming of age

A number of governments in Europe are introducing measures limiting financial support for renewable energy. These moves should not be viewed as a backlash against renewables, argues Maria van der Hoeven, Executive Director of the International Energy Agency (IEA). On the contrary, they show that renewable energy is coming of age. Van der Hoeven does warn, however, that policy changes should be made in a transparent and predictable way.

Article published on 22 March 2012 in European Energy Review

Source: International Energy Agency

Date: March 2012

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