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News Brief | April 2014

Wind, solar to make up half of German generation capacity by 2020

Nine out of 10 European coal and gas plants are losing money. And Germany is replacing fossil fuels and nuclear energy with renewables under its 550 billion-euro energy transformation programme. The nation wants green power to supply 40 per cent to 45 per cent of its needs by 2025, and 55 per cent to 60 per cent 10 years later. Wind and solar capacity will increase by 59 per cent to 103,572 MW of the total 205,033 MW by the end of the decade. Hard coal capacity will rise 11 per cent and gas will drop 38 per cent.
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