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Germany’s $263 billion renewable energy experiment

By on 2012-03-20 10:08:00 in Solar Energy, Wind Energy,

Germany aims to replace 17 nuclear reactors that supply about a fifth of the nation’s electricity with renewable energy. The shift from nuclear to renewable energy such as solar and wind will cost upwards of $263 billion.

The country is pushing to generate 35 % of its power from renewable energy by 2020. To achieve these goals, Germany wants to add 25,000 MW of wind power capacity in the North Sea and Baltic Sea by 2030. - read more

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