Germany's 2023 Renewable Power Installations Hit Record, Wind Sector Lags
Feb 05,2024 | DAXTROMNSOLAR
Germany set a new record for renewable power installations in 2023, with solar and bioenergy sectors driving the growth, while the wind sector fell behind. According to the latest data, Germany installed 8.9 gigawatts (GW) of new renewable energy capacity, surpassing the previous record of 8.6 GW set in 2022.
Solar power installations accounted for the majority of the growth, experiencing a significant increase of 34% from the previous year. This surge can be attributed to declining costs and improved technologies, making solar energy more accessible and affordable. Additionally, bioenergy installations saw a substantial rise, contributing to Germany's overall renewable energy expansion.
However, the wind sector faced setbacks, with installations dropping to 4.4 GW in 2023, down from 4.9 GW in the previous year. Delays in obtaining permits for new wind farms and regulatory challenges impacted the wind industry's growth. The sluggish progress in the wind sector may hinder Germany's efforts to meet its ambitious renewable energy targets.
Germany aims to achieve at least 65% renewable energy in its electricity consumption by 2030. To attain this goal, it is crucial for the wind sector to overcome its obstacles and regain momentum. The government must streamline the approval process and address regulatory issues to attract investments and drive the growth of wind power.
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