Germany’s top court rejects renewable energy producers’ case against use of windfall profits

BERLIN (AP) — Germany’s highest court on Thursday rejected complaints by renewable energy producers against a government decision in 2022 to use their “excess profits” to help finance a cap on electricity prices.

A submission to the Federal Constitutional Court by 22 generators of wind, solar and biomass energy argued that dealing with the energy crisis that followed Russia’s full-scale invasion of Ukraine was the responsibility of the state and should therefore have been financed from taxes. They also said their facilities hadn’t contributed to high electricity prices.

But the court found that the measure was, in the exceptional situation that the energy crisis created, constitutional.

“Excess profits” that many electricity generators ran up as a result of high energy…