Measuring the cost of renewable energy in Germany

Electricity generation from renewable energy is increasing globally. However, in most electricity systems this growth comes at a price in the form of increased costs. This paper quantifies the costs for renewable energy installations built in Germany between 2000 and 2011. Our analysis sheds light o...

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Bibliographic Details
Published in:The Electricity journal 2018-05, Vol.31 (4), p.29-33
Main Authors: Kreuz, Sebastian, Müsgens, Felix
Format: Article
Language:English
Subjects:
Cost-Benefit Analysis
Electricity System
Energy Modelling
Renewable Energy
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Summary:Electricity generation from renewable energy is increasing globally. However, in most electricity systems this growth comes at a price in the form of increased costs. This paper quantifies the costs for renewable energy installations built in Germany between 2000 and 2011. Our analysis sheds light on the ‘Energiewende’ in Germany, which is a front runner in the worldwide renewables rollout. To evaluate cost, benefits and policy instruments, the methodology can also be applied to other countries.
ISSN:1040-6190
1873-6874
DOI:10.1016/j.tej.2018.04.002