Stable policies, turbulent markets-Germany's green industrial policy: The costs and benefits of promoting solar PV and wind energy
This report focuses on the wind and solar sectors in Germany. It reviews the German policy in support of raising the share of renewables in the energy mix within the context of multiple social, economic and technological objectives. Based on this analysis, the report concludes that the extent to which policies have achieved their green industrial goals at reasonable cost is mixed. Wind energy seems to perform better against all policy objectives, while the solar PV sector has come under intense pressure from international competition.