Market Research Reports, Inc. has announced the addition of “Germany Renewables Report Q2 2014” research report to their offering. See more at- http://mrr.cm/ZMg
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Introduction to Report
Launch Date: March 26, 2014
Number of Pages: 42
Geography Coverage: Germany
Available Format: PDF
Price For Single User License: USD 1,295
Price For Site License: USD 2,595
Price For Global User License: USD 6,995
Delivery Time: Within 24 Hours (During Working Days)
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About the Report
We believe that the reform of Germany's Renewable Energy Act
is aimed at controlling the expansion of renewable energy, and
not a sign of any retrenchment in policy. Whilst rising electricity
prices are likely to remain a contentious issue for the
government, industry groups, utilities and public alike, we
believe that it is unlikely that the German energy policy - to
aggressively pursue renewable energy and phase-out nuclear -
will be altered under the Merkel-led government. As such, we
expect to see the continued adoption of renewable energy, in
line with the government's targets, and do not believe that
nuclear will be brought back on the table.
The government have established a target for electricity
generation from renewable sources, aiming to expand
renewables so that they contribute 35% to the total electricity
generation in the country by 2020, and 80% by 2050.
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Recent Developments
Germany's federal shipping office, the Bundesamt für
Seeschifffahrt und Hydrographie (BSH), released a network plan
for the North Sea offshore region in February 2013, stating that
25 offshore converters and 3,800km of subsea cables will be
needed to connect the planned wind installations.
In March 2014, Vestas Wind Systems secured a contract to
supply turbines for the 72.6MW Buergerwindpark Eider wind
farm in the German state of Schleswig-Holstein. The order has
been placed by the farm's developer BWP Eider GmbH & Co. The
contract also includes a 15-year service agreement and the
project is expected to go online at the end of 2014.
French energy company Areva finished installing 20 of the 40
turbines under the first 200MW phase of the Borkum wind park
in the North Sea, off the German island of Borkum in February
2014. The offshore wind farm, owned by Germany-based
Trianel, will have a total capacity of 400MW and will entail an
investment of US$2.2bn.
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Report Coverage
1. Industry Forecast
2. Market Overview
3. Competitive Landscape
4. Methodology
For more details regarding Report coverage see the last slide
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