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2020•International Journal of Energy Economics and PolicyOpen access

AN ANALYSIS OF ELECTRICITY GENERATION WITH RENEWABLE RESOURCES IN GERMANY

Eduardo Vicente Mendoza Merchán, Moisés David Velásquez Gutiérrez, Diego Armando Medin Montenegro, José Ricardo Núñez Álvarez, John William Grimaldo Guerrero

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Abstract

Germany has an experience of renewable energy policies that encourages their usage, achieving technological migration and the redesign of its power generation matrix, achieving 112 GW of renewable resources at 2017. The research presents an analysis between the energy policies and the electricity statistics, the results forecast a date in which they will reach the goal of 50% of annual generation of total electric power by renewable sources, a goal set in 2012.Keywords: Energy policy, Renewable Energy, Forecasting, Energiewende.JEL Classifications: K29, Q48DOI: https://doi.org/10.32479/ijeep.9369

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Germany has an experience of renewable energy policies that encourages their usage, achieving technological migration and the redesign of its power generation matrix, achieving 112 GW of renewable resources at 2017. The research presents an analysis between the energy policies and the electricity statistics, the results forecast a date in which they will reach the goal of 50% of annual generation of total electric power by renewable sources, a goal set in 2012.Keywords: Energy policy, Renewable Energy, Forecasting, Energiewende.JEL Classifications: K29, Q48DOI: https://doi.org/10.32479/ijeep.9369

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Available abstract

Germany has an experience of renewable energy policies that encourages their usage, achieving technological migration and the redesign of its power generation matrix, achieving 112 GW of renewable resources at 2017. The research presents an analysis between the energy policies and the electricity statistics, the results forecast a date in which they will reach the goal of 50% of annual generation of total electric power by renewable sources, a goal set in 2012.Keywords: Energy policy, Renewable Energy, Forecasting, Energiewende.JEL Classifications: K29, Q48DOI: https://doi.org/10.32479/ijeep.9369

Key concepts: Renewable energy, Environmental economics, Electricity generation, Electricity, Renewable resource, Business, Natural resource economics, Power (physics)

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