July 3rd, 2015, Published in Articles: Energize While Germany’s installed renewable energy capacity is forecast to increase from 86,2 GW in 2014 to 147,4 GW by 2025, simultaneous coal-based power additions will undermine the country’s efforts to reduce carbon emissions according to GlobalData. The company’s latest report states that renewables will dominate Germany’s energy mix by 2025, with their share of total installed capacity increasing from 44,7% in 2014 to 59,7% by the end of the forecast period, representing a compound annual growth rate (CAGR) of 4,6%. According GlobalData this growth will be driven primarily by incentives provided under Germany’s Renewable Energy Sources Act (Erneuerbare-Energien-Gesetz). This Act, which came into force in 2009 and was amended in 2014, includes a requirement for grid operators to pay a minimum tariff to renewable energy producers. The German government has set an ambitious target to reduce its carbon dioxide emissions to 40% of 1990 levels by 2020. However, analysts warn that Germany’s unrelenting focus on renewables will be challenged by the intermittent nature of renewable power generation, especially wind and solar. This has put the government’s strategy under question and resulted in a return to coal power generation. Contact Emily Packer, Global Data, pr@globaldata.com
The German government has set an ambitious target to reduce its carbon dioxide emissions to 40 % of 1990 levels by 2020 . However , experts warn that the unrelenting focus on renewables will be challenged by the intermittent nature of renewable power generation , especially wind and solar . This has put the government"s strategy under question and resulted in a return to peaking power generation .