In Germany, the competitiveness for renewable energy is very tough. In fact, within the near future, the country plans to have most of its energy generated from green energy. As we see more development in the field, the first bid to construct an offshore wind park without feed-in subsidies has been approved. The agency that takes care of the country’s electricity grid, said that this was one in four bids that was approved in the North Sea with the total capacity of 1490 megawatts. Previously, the bids required a grant of approximately 0.0047 dollars per kilowatt hour as a system intended to attract and encourage power companies to feed renewable into the country’s electricity grid.
By 2050, Germany plans to generate as much as 80% of its energy from renewable sources.