06 Sep '11, 9am

Germany Sets New Renewable Energy Record

Germany Sets New Renewable Energy Record

So how Germany did it? In one word: Policy. In a report published earlier this year , Deutsche Bank provided some of the ingredients of the German successful recipe: Setting ambitious but attainable binding renewable energy and climate targets, integrating these targets into energy policies and linking the targets to comprehensive energy policy targets, creating incentives (feed-in tariffs for example) to minimize investor risks and drive costs down, and balancing constructive regulatory policy with flexibility by introducing policy incentives that can also be adjusted to reflect changing market conditions (for example, reducing solar feed-in tariff when solar costs are going down). It’s not surprising that the verdict of Deutsche Bank was: “We believe that Germany exhibits best in class climate and renewable energy policy structures.”

Full article: http://www.triplepundit.com/2011/09/generating-gloomy-new...

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Germany Sets New Renewable Energy Record in 2011

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Wind, biomass, solar, and hydro power plants generated 57 TWh during the first six months of the year or 20.8 percent of s...

Germany Sets New Renewable Energy Record in 2011

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