Saturday, 30 March 2013

Germany Renewables Report Q2 2013

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Germany Renewables Report Q2 2013
Mar 27th 2013, 00:00

BMI View: Germany''s successful implementation of its ambitious energy transition is resting precariouslyon the ability of the country''s power grid to incorporate increased volumes of renewables electricitygeneration. Large amounts of investment are undoubtedly required and the costs of Germany''s''energiewende'' are rising fast - a particularly contentious issue amongst consumers, utilities and membersof the German government. We maintain our long-held belief that the financial burden of the energy agendais likely to become unsustainable in the longer term.The German government promptly decided to phase out all of the country''s nuclear capacity by 2022,followi...

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