Germany boosts energy efficiency investment
Germany’s Ministry of Economics and Technology (BMWI) has given its Energy Efficiency and Climate Protection programme a €15 million boost.
The programme, which aims to accelerate the development of energy efficiency and clean energy technologies, will now have €115 million at its disposal this year.
The additional funds will go towards efforts aimed at improving building efficiencies and developing fuel cell and hydrogen storage technologies.
Meanwhile, a study by the German Renewable Energy Federation (BEE) and the Renewable Energies Agency predicts that the country will grow renewable energy three-fold over the coming decade.
By 2020, says the report, wind, solar, biomass, water and geothermal energy will make up 47% of the country’s electricity demand.
The projected growth in renewables capacity could lead to the creation of 250,000 more jobs in the sector, taking the total to half a million by 2020.
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