Germany Sets New Record, Generating 74 Percent Of Energy Needs From Renewable Energy | Thinkprogress

Germany renewables The unprecedented growth of solar PV in particular has been fueled in large part by policies that incentivize clean energy. Germanys simple feed-in tariff (FIT) policy, which pays renewable energy producers a set amount for the electricity they produce under long-term contracts, has driven the solar power boom. But as installations continued to outpace government targets, Germany announced last year that it would begin scaling back its feed-in tariff. The FIT is financed by a surcharge paid by utility customers, but a major part of the problem stems from the fact that industry is largely exempt from the renewables surcharge meaning the burden falls on households. Rather than adjust the industry exemption, the government instead proposed a PV self-consumption charge on new photovoltaic systems, something Germanys Solar Industry Association recently announced it plans to challenge in court. The equity of the renewables surcharge isnt the only criticism of Germanys power transformation. Along with cutting out fossil http://jesustzoc.soup.io/post/426860944/Japans-Economy-Grows-At-Fastest-Pace-In fuel-generated energy here. to a large extent, the transition to renewables includes completely phasing out nuclear power. These goals are only achievable in combination with greatly reduced energy demand.
More: http://thinkprogress.org/climate/2014/05/13/3436923/germany-energy-records/

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