78% of Germany's Energy Supplied by Renewables

Keith Kohl

Written By Keith Kohl

Posted August 3, 2015

Germany’s changes to its energy portfolio have been huge, and July 25, 2015 marked a milestone and a sign of future possibilities.

The country is aiming to remove all nuclear power plants by the year 2022, a move spurred by the Japanese Fukushima nuclear disaster in 2011. It also wants to cut greenhouse gases by 80% before 2050, while doubling the percentage of renewable energy in the country’s portfolio by 2035.

German Wind TurbinesFor several of these goals, Germany is well on its way. On Saturday, July 25, 78% of the country’s energy production came from renewable energy.

German energy expert Craig Morris cites ideal weather conditions for this kind of achievement: stormy skies and lots of wind up north where much of Germany’s wind turbines are located, and sunny skies down south where the country’s solar farms can be found. This came in addition to biomass and hydro-power which boosted clean energy production to record highs.

Some have voiced concerns that, in Germany’s attempt to kill off nuclear energy sources, they will have to fall back on high-emission fossil fuels like coal. Indeed, the country still gets an average of 44% of their energy from coal power.

However, Germany’s push to boost renewable sources has cut emissions in recent years. In 2014, greenhouse gases dropped 4.3% year-over-year, and are currently at their lowest levels since 1990.

The U.S. has some catching up to do on this front. Currently, only 13% of American energy comes from renewable sources, compared to Germany’s average of 28%.

Two American companies, IBM and the National Renewable Energy Laboratory (NREL) are working together to develop a solar and wind forecasting system that is at least 30% more accurate to help improve the efficiency of such technologies.

IBM Research Manager Hendrick Hamann states, “As we continue to refine our system in collaboration with the DOE [Department of Energy], we hope to double the accuracy of the system in the next year.”

Germany’s seems to be a good model to follow going forward.

To continue reading…

Click here to read the Think Progress article.

Until next time,

Keith Kohl Signature

Keith Kohl

follow basicCheck us out on YouTube!

A true insider in the technology and energy markets, Keith’s research has helped everyday investors capitalize from the rapid adoption of new technology trends and energy transitions. Keith connects with hundreds of thousands of readers as the Managing Editor of Energy & Capital, as well as the investment director of Angel Publishing’s Energy Investor and Technology and Opportunity.

For nearly two decades, Keith has been providing in-depth coverage of the hottest investment trends before they go mainstream — from the shale oil and gas boom in the United States to the red-hot EV revolution currently underway. Keith and his readers have banked hundreds of winning trades on the 5G rollout and on key advancements in robotics and AI technology.

Keith’s keen trading acumen and investment research also extend all the way into the complex biotech sector, where he and his readers take advantage of the newest and most groundbreaking medical therapies being developed by nearly 1,000 biotech companies. His network includes hundreds of experts, from M.D.s and Ph.D.s to lab scientists grinding out the latest medical technology and treatments. You can join his vast investment community and target the most profitable biotech stocks in Keith’s Topline Trader advisory newsletter.

Angel Publishing Investor Club Discord - Chat Now

Keith Kohl Premium



Hydrogen Fuel Cells: The Downfall of Tesla?

Lithium has been the front-runner in the battery technology market for years, but that is all coming to an end. Elon Musk is against them, but Jeff Bezos is investing heavily in them. Hydrogen Fuel Cells will turn the battery market upside down and we've discovered a tiny company that is going to make it happen...

Sign up to receive your free report. After signing up, you'll begin receiving the Energy and Capital e-letter daily.