5:39 AM

Germany on the fast track

By 2020 the annual investment through the development of renewable energy to EUR 28 billion to double in Germany.

Overall the industry will invest 235 billion euro in installations for the production of electricity, heat and fuels from renewable energy sources over the next decade in Germany alone.This result is a study of of prognoz AG gave German renewable energy (BEE) together with the Agency for renewable energy and Deutsche Messe AG commissioned.

Offshore wind industry is one of the largest investment entries of EE industry in Germany.




However, stable political conditions are required for the positive as, for example, the renewable energies Act offers in the electricity sector, to BEE CEO Bjorn Klusmann.Steady promotion of renewable energy sources and their full integration in the energy supply should be now quickly forward in heat and transport sectors.Investment through the development of renewable energy are according to the BBE today than conventional power and gas company, which quantifies for 2009 to around EUR 12.4 billion.

Source: IWR

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