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Germany Quadruples Energy Surplus Over the Last Two Years

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For a country phasing out its nuclear plants, you might expect a downturn in energy production. But Germany has actually seen its power output quadruple between 2011 and 2012. Europe’s leading economy has been pushing for a green revolution, becoming one of the largest markets for solar voltaics and where support for renewables is subsidized by taxpayers. The country’s Federal Statistics Office reported a surplus of 22.8 billion kilowatt hours over the last two years. The government has set a goal to source 80 percent of its electricity from green technology by 2050, leaving the old fossil fuel-based utilities behind. Holland, Austria and Switzerland were the country’s main customers for the extra energy.

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