Germany Set To Retire 20 GW Of Wind Power By 2023

Due to the end of their 20-year life span of guaranteed support payments, about 20 gigawatt (GW) of wind power capacity in Germany will be retired by 2023 as their operation is no longer profitable.

This is according to Simone Peter, head of Germany’s Renewable Energy Federation (BEE), in an interview with Energie & Management magazine. “This will have substantial consequences,” Peter says, arguing that the special auctions for wind and solar power promised in the government’s coalition treaty should be carried out urgently.

Full post

via The Global Warming Policy Forum (GWPF)

https://ift.tt/2smrRPM

June 1, 2018 at 08:14AM

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