Germany – Germany’s economy ministry announced plans to speed up wind and solar energy projects in light of the ongoing conflict in Ukraine.
Half of the country’s residents rely on gas for home heating, so the country has announced plans to ensure that its gas storage facilities are full at the start of winter. Germany aims to generate all of its electricity from renewable sources by 2035.
Germany, Europe’s largest economy, announced a major shift in its energy policy, saying it would draft a strategy to reduce its reliance on Russian gas, accelerate the deployment of renewable energy capacity, and construct two LNG import facilities.
Dramatic shift
By 2035, Germany wants to generate all of its electricity from renewable sources. Since Russia’s invasion of Ukraine, Germany’s policy has shifted dramatically, with the European Union’s largest economy now seeking to reduce its reliance on Russian gas.
Germany plans to shut down all of its remaining nuclear reactors by the end of 2022. Furthermore, the country has stated that it intends to phase out coal entirely by 2030. In Germany, wind power capacity is expected to grow by two-thirds to up to 110 gigawatts (GW), offshore wind capacity by 30 GW, and solar power capacity by more than three-quarters to up to 200 GW.
