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2017-07-03 13:35:00

GERMANY'S RENEWABLE UP

GERMANY'S RENEWABLE UP

PRIMARY ENERGY CONSUMPTION GERMANY 2016

REUTERS - Germany raised the proportion of its power produced by renewable energy to 35 percent in the first half of 2017 from 33 percent the previous year, according to the BEE renewable energy association.

Germany is aiming to phase out its nuclear power plants by 2022. Its renewable energy has been rising steadily over the last two decades thanks in part to the Renewable Energy Act (EEG) which was reformed this year to cut renewable energy costs for consumers.

Germany has been getting up to 85 percent of its electricity from renewable sources on certain sunny, windy days this year.

The BEE reported on Sunday the overall share of wind, hydro and solar power in the country's electricity mix climbed to a record 35 percent in the first half.

The government has pledged to move to a decarbonized economy by the middle of the century and has set a target of 80 percent renewables for gross power consumption by 2050.

It aims to cut greenhouse gas emissions by 40 percent in 2020 from 1990 levels and 95 percent by 2050.

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Earlier:

GERMANY: 

GAZPROM - GERMANY: UP 37% 

THE NEW NORD STREAM 

RUSSIAN GAS FOR GERMANY: UP TO 23% 

GERMAN GAS UP 35% 

POLAND ATTACKS GERMANY 

RUSSIA & GERMANY UNCONCERNED 

NORD STREAM II: MORE GAS

 

RENEWABLE: 

RENEWABLE ENERGY EFFICIENCY: 90% 

WBG: RENEWABLE INVESTMENT 

RENEWABLE'S RECORD 

EUROPEAN RENEWABLE ENERGY 

RENEWABLE ENERGY: GROWING RISKS

 

 

 

 

Tags: GERMANY, RENEWABLE, ENERGY

Chronicle:

GERMANY'S RENEWABLE UP
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

GERMANY'S RENEWABLE UP
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

GERMANY'S RENEWABLE UP
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

GERMANY'S RENEWABLE UP
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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