TITLE

The German Experiment

AUTHOR(S)
SCHWARTZ, EVAN I.
PUB. DATE
July 2010
SOURCE
Technology Review;Jul/Aug2010, Vol. 113 Issue 4, p76
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the Renewable Energy Sources Act which was passed by the German parliament Bundestag in February 25, 2000 and was amended in 2004, 2008. The law obligates German electric utilities to purchase green power at high prices in order to support building renewable-power plants or installing rooftop solar panel by anyone with guaranteed profits by providing energy into the grid, where utilities would buy it at premium prices. It presents viewpoints against and in support of the law. From one perspective, the act has been proved beneficial as now the nation gets more than 16 percent of its electricity from renewable sources and has created about 300,000 new jobs in clean power. But from another perspective, the German policy is a pointless project of the government.
ACCESSION #
53735090

 

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