Germany's green energy drive faces challenges ahead, report finds
Dec 20, 2012 - Germany is making progress with its planned shift to renewable energy but the path ahead is still fraught with challenges, according to a report presented by Germany's environment and economy ministers on Wednesday.
Speaking at the presentation of the report on progress towards self-imposed renewable energy targets, Economy Minister Philipp Roesler said Germany has made significant progress, especially with the extension of its power grid.
Roesler warned, however, that the country faces challenges in securing the future energy supply and keeping prices affordable.
Experts warn that Germany's move towards renewables will trigger an upsurge in electricity prices.
The report was today reviewed and approved by the government.
Germany's push towards renewables, described by Environment Minister Peter Altmaier as the country's largest infrastructure project since World War II, aims at raising the share of green sources in total power generation to 35% by 2020 and at reducing power consumption by 10% within the same period.