Germany: renewables are key to overcome energy dependence on Russia

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To help divert a potential energy crisis, renewables are expected to play a major role in meeting Germany’s power demand as a result of the country’s gas and coal supply being stunted due to EU sanctions placed on Russia, observes GlobalData.

However, the leading and analytics company found that as a result of Germany’s plans to phase out nuclear power by the end of 2022, few conventional plants will be present to pay off the fluctuations in the renewable sector. Although, based on the current energy crisis, the country is in talks to reconsider the phase out of two nuclear stations. GlobalData’s latest report, ... More: Official Press Release GlobalData

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GlobalData, Germany, energy transition, Russia, dependence, renewable energy, portfolio, research, analysis, infrastructure, energy crisis