EXCLUSIVE-Germany to Speed Up Wind and Solar Energy Expansion – Draft
The German government plans to speed up the expansion of wind and solar energy by 2030 as part of its climate protection program, a draft law seen by Reuters showed on Wednesday. The new plan aims to expand the installed production capacity of onshore wind energy to 95 gigawatts by 2030 from a previous target of 71 GW, and of solar energy to 150 GW from 100 GW, the draft showed.
The German government plans to speed up the expansion of wind and solar energy by 2030 as part of its climate protection program, a draft law seen by Reuters showed on Wednesday.
The new plan aims to expand the installed production capacity of onshore wind energy to 95 gigawatts by 2030 from a previous target of 71 GW, and of solar energy to 150 GW from 100 GW, the draft showed. Germany’s installed capacity of onshore wind power stood at 54.4 GW and of solar energy at 52 GW in 2020.
The climate protection program also envisages funding of around 7.8 billion euros ($9.5 billion) for next year, including 2.5 billion euros for building refurbishment and an extra 1.8 billion euros for subsidies for electric car purchases. The plan also includes doubling support to help the industry change processes to cut emissions of carbon dioxide, such as in steel or cement production.
However, these financial pledges can only be approved after the German federal election in September. The move comes after Germany’s Constitutional Court ruled in April that Chancellor Angela Merkel’s government had failed to set out how to cut carbon emissions beyond 2030 after plaintiffs challenged a 2019 climate law.
Earlier this month, the cabinet approved draft legislation for more ambitious CO2 reduction targets, including being carbon neutral by 2045 and cutting German carbon emissions by 65% by 2030 from 1990 levels, up from a previous target for a 55% cut. ($1 = 0.8215 euros)
Source: reuters
