Thursday, September 29, 2011

Renewable energy in Germany an outlook

1. Germany continues to export electricity despite closing seven nuclear reactors. The renewable energy expansion in Germany is driving down power prices...its reverse in India   :-(

2.  In  2010, Germany produced nearly 12 TWh  of electricity, which is 2% of national electricity.

3.  By 2013, it is expected to add 7,000 MW of wind and solar generating capacity. This exceeds the projections for 2012. This massive expansion  is Good news for us...isn't it?
 
4. The installed solar base(18 GW as on May'2011)  in Germany is growing rapidly... mainly to due to feed-in Tariff (FiT) support from government.
 
5. The FiT costs 1 billion euros per month to subsidize new solar installations and the cost is spread across all rate-payers....Where India stands?...any guess?
 
6. The German government has set a target of 66 GW of installed solar PV capacity by 2030.
 
7. The Finsterwalde Solar Park is  the world’s largest photovoltaic plant with 80.7 MW (as of November 2010)
 
8. 6.6%  of energy comes from Solar out of total renewable energy production in Germany.
 
PS: Compiled a big one, but due to readability and time, presenting in bullet points.

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