HomeWorld RegionsEuropeGermany on track to make $2.2bn in electricity exports

Germany on track to make $2.2bn in electricity exports

New data from the Fraunhofer Institute indicates that Germany could this year surpass the $1.93bn it made in electricity exports in 2014.

The research consultancy forecasts that the figure could be €2bnà‚ or $2.2bn by the end of 2015.
The country may also achieve a record export surplus of 40 TWhà‚ of electricity in 2015.à‚ 

“Over the past years, Germany was able to secure higher prices for its electricity exports than it paid for electricity imports,” Fraunhofer professor, Bruno Burger told PV magazine.

Renewables added 118 TWh of energy production capacity in Germany from the period beginning in 2010 throughà‚ 2014.

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