Net public electricity generation in Germany reached a record share of 62.7% from renewable energies in 2024. A new record of 72.2 terawatt hours (TWh) was achieved in solar power generation, and the expansion of photovoltaics also exceeded the German government's targets. As generation from lignite (-8.4 percent) and hard coal (-27.6 percent) also continued to fall sharply, the German electricity mix waslower in CO2 emissions than ever before. The import balance rose to around 24.9 TWh. This is according to an analysis presented by the Fraunhofer Institute for Solar Energy Systems ISE.
2024 was the first full year in Germany without its own electricity generation from nuclear power since 1962, after the last three nuclear power plants were shut down in April 2023. In their last year of operation, they supplied 6.3 percent of public electricity generation. This was replaced by renewable energy generation.
The average exchange electricity price fell by 15.5% to €78.01/MWh or 7.8 cents/kWh (2023: €92.29/MWh or 9.23 cents/kWh; 2022: €230.57/MWh; 2021: €93.36/MWh).