News You Really Need To See: “Germany Reaches New Levels of Greendom, Gets 31 Percent of Its Electricity From Renewables”

“Germany Reaches New Levels of Greendom, Gets 31 Percent of Its Electricity From Renewables”

Bloomberg Businessweek, August 14, 2014

http://www.businessweek.com/articles/2014-08-14/germany-reaches-new-levels-of-greendom-gets-31-percent-of-its-electricity-from-renewables

As Europe struggles to ease its dependency on Russian gas, Germany is getting ever greener: During the first half of 2014, the nation generated 31 percent of its electricity from renewable energy sources, according to a recent report by the Fraunhofer Institute. Excluding hydro, renewables accounted for 27 percent of electricity production, up from 24 percent last year.  ‘Solar and wind alone made up a whopping 17 percent of power generation, up from around 12 percent to 13 percent in the past few years,’ according to Renewables International, which provides a helpful rundown of the Fraunhofer report. The country’s solar power plants increased total production by 28 percent compared with the first half of 2013, while wind power grew about 19 percent.  Germany still derives most of its energy from coal, though consumption of brown coal dropped 4 percent.  Power from natural gas fell 25 percent, while nuclear power decreased by only about 2 percent.”

Quickie Analysis:  What began as an effort to reduce dependency on nuclear power after Fukushima is now helping Germany say no to Russian gas.

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