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Bloomberg report sketches out Germany's renewable strategy

March 19, 2012
Here's a great read by Bloomberg on Germany's plan that to get 35% of its total energy from renewable by 2020. Bloomberg says the ambitious plan, which could cost as much as $263 billion, would require replacing 17 nuclear power plants with renewables ...

Here's a great read by Bloomberg on Germany's plan that to get 35% of its total energy from renewable by 2020. Bloomberg says the ambitious plan, which could cost as much as $263 billion, would require replacing 17 nuclear power plants with renewables including offshore wind and solar and upgrading 2,800 miles of high-voltage power lines. Germany has made headlines in the photovoltaics market recently because of its plans to slash solar subsidies, but PV power is very much part of its energy future, according to this report.