Major economies outside , Germany - Ecological world

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Thursday, 15 December 2016

Major economies outside , Germany



Germany (24th) decided to phase out nuclear energy production by 2022, and aims to reduce emissions by 80% by 2050. While the country has built impressive capabilities across the renewables value chain, the energy transition so far has come at a cost: the EAPI highlights sharp increases in electricity prices for industry, and German households, according to data in the index, pay the second-highest prices for electricity in Europe. As a result, the country dropped eight places in the ranking against the 2009 benchmark.

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