German renewable energy accounts for more than half of electricity consumption
In recent years, Germany has actively promoted energy transformation and vigorously developed luminous solar system for home price renewable energy. In 2010, the German Federal Government issued the "Energy Concept" document, proposing the long-term development goals of Germany's energy transition to 2050. In 2017, the German "Renewable Energy Law" introduced a series of new regulations, using the bidding model to determine the amount of renewable energy subsidies. In March 2019, the German Federal Government announced the establishment of a climate protection cabinet committee, which is directly led by Prime Minister Merkel and aims to promote relevant legislation to achieve climate protection goals. In September of that year, the federal government issued the "Climate Protection Plan 2030" and announced plans to allocate 40 billion euros to help Germany's traditional coal-producing regions achieve sustainable economic transformation by 2038.
The German energy transition has achieved remarkable results. In 2019, for the first time in Germany, the generation of renewable energy is higher than that of traditional fossil fuels. Among them, the power generation through renewable energy such as wind energy and solar energy meets nearly 43% of the country's electricity demand, while the power generation of hard coal and lignite has decreased by 31% and 22% year-on-year. According to the German government's energy transformation goals, by 2050, Germany's renewable energy will account for 80% of electricity consumption.
Germany mainly encourages large-scale development of renewable energy through financial subsidies and other means. The German government has provided subsidies to green power producers since 1991, and the current annual subsidies have exceeded 20 billion euros. Driven by subsidies, Germany has become one of the countries with the largest amount of new energy investment in the world.
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