The Social Democrats (SPD), Alliance 90 (The Greens), and Free Democrats (FDP) of Germany, have entered into an agreement on a coalition contract that commits Germany to phase out coal-fired power generation by 2030, two months after the general election. The coalition partners also intend to expand the share of renewable energy to 80 per cent by 2030.
According to the reports, by 2030, the coalition plans to implement a programme that ensures that 2 per cent of the country’s land area is available to enhance onshore wind energy and increase offshore wind energy capacity to at least 30 GW. Furthermore, the coalition has stated that the price of carbon dioxide in industrial production and power generation will not be lower than $67.60 per tonne of carbon dioxide. Furthermore, by 2030, 50 per cent of the heat will be generated in a climate-neutral manner. The partnership intends to implement comprehensive municipal heating and extend renewable heating networks.
In July 2021, Germany announced the auction results for ground-mounted and rooftop solar projects. In all, 95 ground-mounted solar projects with 513.25 MW capacity, with an average quoted price of $0.059 per kWh, were selected. The lowest bid quote for ground-mounted solar tender was $0.055 per kWh, and the highest was $0.070 per kWh.
