Summary
In 2024, Germany increased its reliance on renewable energy, which accounted for 59% of electricity generation, up from 56% in 2023.
Wind energy led with 31.9%, followed by solar at 14.7%.
Despite a 0.9% rise in electricity consumption, total energy generation fell by 4.2% to 431.7 TWh, driven by declines in conventional sources.
Lignite (16.4%) and natural gas (13.2%) remained key fossil fuels.
This was Germany’s first full year without nuclear power after its 2023 phaseout, aligning with its 2045 climate-neutrality goal.
So the drop in electricity generation was covered by importing from other countries, driving up the prices there? 🤔Especially in the end of 2024 when there where no wind?
There is a European energy market, so the electricity always comes from the cheapest producer. Germany has enough reserves to bridge gaps, but doesn’t use them if there is cheaper energy on the market.