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Power Hardware

Germany Exports More Electricity Than Ever Despite Phasing Out Nuclear Energy 473

An anonymous reader writes "Der Spiegel reports that Germany has exported more electricity this year than ever before, despite beginning to phase out nuclear power. In the first three quarters of 2012, Germany sent 12.3 terawatt hours of electricity across its borders. The country's rapid expansion into renewable energy is credited with the growth. However, the boost doesn't come without a price. The German government's investments into its new energy policy will end up costing hundreds of billions of dollars over the next two decades, and it still relies on imports for its natural gas needs. It also remains to be seen whether winter will bring power shortages. Is Germany a good example of forward-looking energy policy?"
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Germany Exports More Electricity Than Ever Despite Phasing Out Nuclear Energy

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