Costs of electricity challenge a leader in renewable energy

10/21/2013
A country eager to develop renewable energy can accommodate ambition to economics without abandoning its environmental principles. Sometimes, suggests a study by IHS, moderation is enough. The study focuses on Germany, one of the world's leaders in the production and use of energy from renewable sources. According to the US Energy Information Administration, Germany in 2011 led Europe in output of nonhydro renewable electricity, wind energy, and biofuels. It led the world in production of solar electricity. Since the Fukushima accident of 2011, it has been pursuing its renewable-energy growth targets while closing nuclear power plants. In the past 12 months, IHS reports, electricity costs...
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