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Record electricity from renewable sources in Germany

  • 1 year, 3 months ago (2024-07-05)
  • David Flin
Europe 1143 Renewables 808 Storage 48 Wind 282

Renewable electricity accounted for 65 per cent of Germany’s electricity supply in the first half of 2024, at 140 TWh, according to data from the Fraunhofer Institute for Solar Energy Systems .

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Wind energy was the largest single source at 73.4 TWh, up from 66.8 TWh in the first half of 2023. Onshore wind supplied 59.5 TWh (34.1 per cent), and offshore wind 13.8 TWh. All forms of renewable energy supplied 140 TWh in the first half of 2024, a new record.

By contrast, the share of electricity from fossil fuels fell over the same period. Coal, gas, and oil combined generated a total of 75 TWh in the first half of 2024, falling from 39.6 per cent to 35.0 per cent of total generation.

Electricity prices also fell sharply from €100.54/MWh to €67.94/MWh.

The Fraunhofer Institute predicts that there will be significant expansion of electrical energy storage.