Skip to content
Subscriber Only

Thank Germany for Falling Prices of Solar Panels and Wind Turbines

Wind generators near Alzey, Germany
Wind generators near Alzey, Germany Getty Images

Germany, with the world’s fourth-largest economy, may serve as a global test bed for the feasibility of renewable energy on a large scale.

The New York Times reported that nearly 30 percent of Germany’s electric power comes from renewable energy sources, and the percentage is growing. This is not without a downside: Traditional electric utilities are struggling.