Germany Renewables Q4 2019
We maintain that Germany's renewables sector will continue to outperform in the European region, as the countrycontinues to rely on expanding the sector in order to drive power generation mix diversification and decarbonisation. While slowingonshore wind deployment rates owing to permitting challenges and an expected near-term slowdown in offshore wind capacitygrowth due to grid bottlenecks highlights pertinent challenges in the market, we believe the German government will take steps toaccelerate renewables capacity growth over our 10-year forecast period. This informs our view that nearly 60GW of capacity will beadded over the coming decade, with risk firmly to the upside as new tender schedules are developed against the backdrop of thecoal exit plan.
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