Group items tagged

Germany is looking to integrate wind, solar, and biofuel natural gas to supply 100% of its power generation needs by 2050 (40% by 2020). Germany plans to phase out both Nuclear and Coal-fired power generation.

BERLIN (Reuters) - Germany will outline legislation this week on its plans to reduce greenhouse gas emissions by 40 percent by 2020 compared with 1990 levels, a German newspaper said on Tuesday.

Under Brussels' plan, if a country does not fulfil its quotas - i.e. produce enough renewable energy - then they would buy it elsewhere. Berlin fears that this market situation this will lead to a rise in prices for bio-energy, above the current fixed price in Germany.

Germany launched a campaign Wednesday to put 1 million electric cars on the road by 2020, making battery research a priority as it tries to position the country as a market leader.

At the end of 2007, China's installed base of wind power totaled just over 6 gigawatts (GW), making China the fifth largest producer of wind power, after Germany, the U.S., Spain and India. As a consequence of the rapid build-out of wind power projects in China, in April 2008 the National Development and Reform Commission revised its 11th Five Year Plan Period plan for wind power development from 5 GW to 10 GW by 2010.

This article demonstrates that the large feed-in tariffs currently guaranteed for solar electricity in Germany constitute a subsidization regime that, if extended to 2020, threatens to reach a level comparable to that of German hard coal production, a notoriously outstanding example of misguided political intervention. Yet, as a consequence of the coexistence of the German Renewable Energy Sources Act (EEG) and theEUEmissions Trading Scheme (ETS), the increased use of renewable energy technologies does not imply any additional emission reductions beyond those already achieved by ETS alone. Similarly disappointing is the net employment balance, which is likely to be negative if one takes into account the opportunity cost of this form of solar photovoltaic support. Along the lines of the International Energy Agency (IEA 2007:77), we therefore recommend the immediate and drastic reduction of the magnitude of the feed-in tariffs granted for solar-based electricity. Ultimately, producing electricity on this basis is among the most expensive greenhouse gas abatement options.