I don’t have a sense of Germany’s impact in this space as I haven’t kept abreast of their investment nor about the specifics of renewable investments more broadly.
[1] https://grist.org/energy/obamas-recovery-act-breathed-life-i...
I don’t have a sense of Germany’s impact in this space as I haven’t kept abreast of their investment nor about the specifics of renewable investments more broadly.
[1] https://grist.org/energy/obamas-recovery-act-breathed-life-i...
That massively raised the electricity prices, resulting in the world's costliest electricity.
Around 24% (!) of the German electricity price is a Renewable Surcharge[1]. With a >$350 billion/year power industry revenue it is easy to see that Germany's contribution to kickstart large scale solar and wind power generation can hardly be overstated.
[1] https://en.m.wikipedia.org/wiki/Electricity_sector_in_German...
Thank you Germany!
[0]: https://en.m.wikipedia.org/wiki/German_Renewable_Energy_Sour...