26 Dec '13, 7am

Renewables: small impact on Germany's rising energy bills via @GreenpeaceUK Higher gasoline&hea…

Renewables: small impact on Germany's rising energy bills via @GreenpeaceUK Higher gasoline&hea…

The German parliament Bundestag is today [17 Dec] swearing in Angela Merkel as Chancellor and Sigmar Gabriel as head of 'super ministry' energy and economy - alongside other ministers of the newly-minted coalition. This followed the signing of the coalition deal between Merkel’s Christian Democrats (CDU) and the Social Democrats (SPD) led by Gabriel on Monday, three months after the general election. The deal gives us some insight into what the CDU-SPD government's future energy policies will look like and their repercussions on German energy firms and consumers's energy bills. The headline is that - despite its coal burning - Germany is holding on to its renewables dream sans nuclear. In the electricity sector alone, the deal says Germany should increase its share of renewables from around 23% in 2012 to 40-45% by 2025 and 55-60% by 2035. Electricity prices became a hot t...

Full article: http://www.greenpeace.org.uk/newsdesk/energy/analysis/vie...

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