r/RenewableEnergy • u/DVMirchev • 8d ago

Germany hits 62.7% renewables in 2024 electricity mix, with solar contributing 14% – pv magazine International

https://www.pv-magazine.com/2025/01/03/germany-hits-62-7-renewables-in-2024-energy-mix-with-solar-contributing-14/
611 Upvotes

98% Upvoted

View all comments

Show parent comments

54

u/DVMirchev 7d ago

20-25 years ago we were told that any grid will collapse if renewable penetration is above 5%. Yet here we are

1

u/Qinistral 7d ago

On the other hand, 20 years ago we were told we were at peak oil and we'd run out soon. Now there is a glut on the market.

3

u/CatalyticDragon 7d ago

Which might have been true had all things remained equal. But oil prices went up and that made the more expensive sites (deeper deposits, shale) profitable to access.

Increasing, perhaps, this oversupply is due to renewables leveling off demand. EVs have cut oil demand by almost 2 million barrels every single day and that figure will grow to tens of millions in the 2030s.

EVs are now around 20% of global new car sales, an astonishing jump from 2% in 2018.

3

u/Qinistral 7d ago

I’m doing my part. Just got an EV this month! Let’s go!