Over Half of Germany’s Renewable Energy Owned By Citizens & Farmers, Not Utility Companies

Over Half of Germany’s Renewable Energy Owned By Citizens & Farmers, Not Utility Companies

from TreeHugger, by Mathew McDermott, January , 2012

photo by Thomas Kohler

Germany’s promotion of renewable energy rightly gets singled out for its effectiveness, most often by me as an example of how to do things well versus the fits and starts method of promotion common in the US. Over at Wind-Works, Paul Gipe points out another interesting facet of the German renewable energy saga: 51% of all renewable energy in Germany is owned by individual citizens or farms, totaling $100 billion worth of private investment in clean energy.