German offshore constructing four wind parks in which one is without any subsidy. They are interested in building units for renewable energy. The energy is more competitive.
Out of four German offshore parks, one is without subsidy.
Agencies say that the park’s tenders are improved on Thursday. They have an output of 1,1490 megawatts.
According to EnBW, the park named “He Dreith” the output is 900 Mega watt- an output equal to a nuclear power station.
Germans want 35% renewable energy by 2025.
Germany is very much looking forward towards consuming and recycling energy. This is a project which will be beneficial for all. However, the absence of subsidy for one of the parks is a revolution step towards the success of the economy.
German offshore is very enthusiastic towards building the economy. Consequently, there is a huge scope of building a better nation. Because of this economical step German offshore has shown a pathway hence, others are eager to follow it too.
600$ subsidy for the other parks which in conclusion is 0.44 cents.
Bundesnetzagentur, Jochen Homann, the president, said he was surprised at the outcome of the first round of tenders for wind parks, and that consumers stood to benefit in the long run.
Especially he added, “Offshore wind energy is categorically proving its competitiveness. This is good news for all electricity consumers who contribute to funding renewable energy through the renewable energy surcharge,”
Getting profit without any subsidies.
German offshore has planned to get profit without using subsidies. First of all, they have made 1 park without subsidy. Further development will include more projects economically.This will help the economy. As a result, the economy is getting better by time.
New projects for German offshore will be lined up for the next 20 years.
These parks will be paying further output equal to the output by the nuclear station. With reference to the analysis, these parks will provide competitive energy sources as compared to the others.