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,

Germany's constitutional court on Thursday ruled in favour of a government policy that required renewable energy producers to surrender excess revenues to help offset surging electricity costs during the 2022/2023 energy crisis.

Germany’s top court rejected a suit targeting a levy that harvested part of the huge profits renewable-energy producers made after Russia’s full-scale invasion of Ukraine.