Nov 7, 2007

Germany Leads Way on Renewables, Sets 45% Target by 2030

In July, Germany's Ministry for the Environment, Nature Conservation, and Nuclear Safety released a draft progress report on the country's Renewable Energy Sources Act. The Act, adopted in 2000, establishes an advanced "feed-in tariff" in Germany, enabling any company or individual who meets the technical and legal requirements to sell renewable electricity into the power grid for a guaranteed, long-term price for each kilowatt-hour sold. "The Renewable Energy Sources Act is the most important and successful instrument to promote the expansion of renewable energies in the electricity sector," the report notes. Read the full story from Worldwatch.