Germany to reach 509.9 GW of renewable energy capacity by 2035
The European country is making rapid progress in its use of renewable energy, such as wind and solar photovoltaic. Projections indicate that by 2035, Germany's renewable energy capacity will reach 509.9 GW
Germany has taken positive steps toward its clean energy transition, which includes initiatives in renewable energy, hydrogen, and LNG diversification, supported by significant federal policies.
Data and analytics firm GlobalData estimates in this field that Germany will reach “509.9 GW in 2035, with a compound annual growth rate (CAGR) of 9.7% between 2024 and 2035.”
According to the company, last year renewable energy accounted for “54.7 % of Germany’s electricity generation, led by wind and solar PV. By 2035, renewable generation is expected to reach 628 TWh, representing 82.9% of the energy mix, driven by the large-scale expansion of solar PV and the development of onshore and offshore wind farms.”
The goal for 2030, according to Mohammed Ziauddin, energy analyst at GlobalData, is to reach 80 % renewable generation, supported by its Renewable Energy Act (EEG), the National Hydrogen Strategy, and significant investment in modernizing the electricity grid.
But the European country still faces challenges, “such as grid congestion, the Dunkelflaute (periods of low renewable production), and the slow deployment of dispatchable gas-fired generation capacity to support intermittent renewables.”
Added to this are rising energy prices, uncertainty regarding regulatory frameworks, and lengthy permitting processes for wind projects that also limit deployment.
M.Pino
Source: elperiodicodelaenergia
(Reference image source: American Public Power Association on Unsplash)
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