Germany Could Make $2 Billion By Exporting Electricity

November 10th, 2015 by

cleantecnica – The Fraunhofer Institute has found that Germany made about €1.7 billion, or $1.93 billion, in 2014 by selling surplus electricity. In 2015, that amount could reach €2 billion or $2.2 billion. Germany may also achieve a record export surplus of 40 TWh of electricity in 2015. “Over the past years, Germany was able to secure higher prices for its electricity exports than it paid for electricity imports,” explained Fraunhofer professor, Bruno Burger.

germancliffsRenewables added 118 TWh of energy production capacity in Germany from the period beginning in 2010 through 2014. What are some of Germany’s other exports? According to one source, Germany exported about $2.6 billion in pharmaceuticals to Japan in 2014. In 2007, cheese exports were about €2.7 billion. Tiếp tục đọc “Germany Could Make $2 Billion By Exporting Electricity”