As the same with the whole Germany, Berlin no longer wants to just rely solely on a single new source of energy to provide electricity, but instead uses a kind of “wolves tactics” – a combination of hydro, wind, geothermal, solar, garbage biogas, biogas, or biomass, fuel cells, electric vehicles, etc. to feasibly and comprehensively advance to develop all possible energy technologies.
Relying on Germany’s strong and advanced technical strength, this idea that is seemingly fancy and arrogant does have the potential to be realized. Based on its talents and political advantages, Berlin has achieved a leading position in the world of its new energy development.
According to the statistics of the Berlin Municipal Government, the local solar energy industry accounts for 35% of all Germany, ranking the first in the country and this figure is still increasing. The Renewable Energy Law, which came into effect in 2000, not only proposes preferential policies such as compulsory power purchase and high-priced subsidies, but also sets up the differential subsidies for a variety of types of renewable energies in order to better match energy investments with different technologies and different costs. In addition, the subsidy period lasts up to 20 years, and it is a fixed rate, which allows investors to accurately calculate when their investment cost can be recovered and profitable. It is no wonder that the world’s major companies are rushing to Berlin. Not only solar energy, other renewable energies such as wind power, biomass and hydropower can be subsidized, but there are different subsidy rates due to different technology costs.