Germany’s renewables market outlook
Germany’s power generation from renewable sources will exceed 82% in the next decade. By 2050, renewables will ensure 92% of electricty production. Decarbonizing beyond this point is difficult as a certain amount of gas-fired facility are necessary to stabilize the system during peak and out-of-operation periods.
Solar energy in Germany
Germany is the leader of the world’s solar energy market. Its aggregate solar (PV) energy capacities totaled 37.5 GW in late 2015 (5.3% of the country’s energy production) which was the largest amount in the world.
Wind energy in Germany
In terms of wind power in early 2016 Germany ranked third on the globe after China and USA with its 3.7 GW of installed wind farms. At the same time Germany together with the UK are the biggest offshore wind energy producers.
Germany's latest energy market news
- BNEF: New Energy Outlook (NEO) 2019
- Mercedes-Benz Urban eTruck – electric truck, 2016
- Wind Hits Record Highs: 62 GW of Wind Capacities Installed by 2016
Companies operating in Germany
- Daimler / Mercedes-Benz
- DONG Energy
- Nordex Acciona
- PNE Wind