29 May '13, 3pm

Germany Must Manage Growth and Costs of Renewable Power, IEA says

While there is much to celebrate about the current direction of Germany’s energy policy, the nation must take steps to manage both the growth and the cost of its renewable power capacity, the International Energy Agency (IEA) said in its new country report. IEA executive director Maria van der Hoeven, launching the report at the German Ministry of Economics and Technology in Berlin, called parts of the nation’s progress on energy policy “impressive” and “a remarkable achievement” since the agency’s last review in 2007. But she said there are still significant issues that must be worked out in order to ensure the success of Germany’s energy transition, or Energiewende. While the feed-in tariff (FiT) support offered by the Renewable Energy Sources Act (EEG) has enabled dramatic expansion of renewable power coupled with significant cost reductions, the federal government has ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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