German Renewable Power Cheaper Than Fossils in 2030, Study Shows

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Germany will pay less for electricity from renewable sources than from coal and natural gas in 2030 if it reaches energy targets, the environment ministry said.

Renewable power will cost 7.6 euro cents per kilowatt-hour in 2030, with hard coal and natural gas rising to more than 9 euro cents per kilowatt-hour, the ministry said today in an e-mailed statement, citing a new study it commissioned.