Germany's Renewable Energy Sources Have Caused Electric Prices to Plummet.

Quick Summary:

In the Green Germany has so much energy coming from installed solar panels that it has outpaced consumer demand and pushed energy prices into a steep nose dive — as much as an 87 percent drop.

But the biggest implication is the lack of efficiency.

The issue isn't confined to Germany.

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Article Details

Author / Journalist: Sharon Adarlo

Category: Technology

Markets: United StatesGermany

Topics: Solar power Electricity The digest Germany

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-24 @ 20:28:30 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: futurism.com

Language: English

Article Length: 364 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Futurism

News ID: 21077071

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About Futurism

Main Topics: Technology

Official Website: futurism.com

Update Frequency: 4 posts per day

Year Established: 1997

Headquarters: United States

News Last Updated: 18 hours ago

Coverage Areas: United States

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Publisher ID: #68

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