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RE: Project Sunroof : Exploring The Untapped Potential of Solar-Power in America

in #energy8 years ago

Germany is generating so much renewable energy they almost need to give it away. And now those who invested in renewable energy are not able to pay it off.

https://www.theguardian.com/environment/2016/oct/11/germany-takes-steps-to-roll-back-renewable-energy-revolution

Worse, it is affecting other countries: “Germany produces too much cheap energy, which countries like Austria then have to absorb. With the current prices for energy, investing in hydro or wind energy without state support is no longer competitive.”