Germany Passes More Aggressive Renewables Law, Bucks Rumors
It's been a little hard to follow the state of German renewables of late. We've already seen massive growth of renewable energy due to aggressive feed-in tariffs, and even arguments from within the Government that the country should go 100% renewable by 2050. But, despite its high profile commitment to phase out nuclear power (and boost coal power), rumors had been rifed that its renewables feed-in tariff program would be severely curtailed. Not so, however, as Renewable Energy World reports that the German parliament just passed a renewable energy law that is more aggressive than ever:
The 2012 EEG sets a minimum requirement of not less than 35 percent of renewable energy in electricity supply by 2020, not less than 50 percent by 2030, not less than 65 percent by 2040 and not less than 80 percent by 2050.
However, the law actually sets a target of between 35 and 40 percent of supply within the next decade. This conforms to a decision made by the Ministry of Environment in 2010. Rather than reducing its commitment to expanding renewable energy, Germany has codified a more aggressive target than in the previous law.
The details of the law show an increase in tariffs for geothermal, wind, perhaps controversially, biomass. The "degression" of feed-in tariffs for solar will remain in place, and will be adjusted up or down to account for drops or increases in prices—with an aim to keeping solar PV development within a "growth corridor" of 3,500 MW per year.