https://energytransition.org/2019/06/german-renewable-energy-cooperatives-struggle-as-markets-collapse/ The Global Energiewende Mon, 15 Jul 2019 10:23:04 +0000 hourly 1 https://wordpress.org/?v=6.1.1 https://energytransition.org/2019/06/german-renewable-energy-cooperatives-struggle-as-markets-collapse/#comment-13361 Wed, 19 Jun 2019 11:03:43 +0000 https://energytransition.org/?p=19973#comment-13361 The shift to auctions was a big win for investment bankers, energy lawyers and consultants. Paying rents to these parasites may be worth it to attract risk capital for major investments, as in India and Mexico. Applying auctions to small volumes, and from a low project size, which is what Germany has done, is a way of killing off community participation. Craig is right to connect the dots with dwindling public support and rising NIMBYism.

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