Country report

Country Report: Germany Introduction With Germany being ranked third in the All Renewable Index at Q4 2007, the theory of a highly successful result from the exportation of solar panels by Australian manufacturers to Germany can be considered highly seeming as Germany has a history of creating markets for new power technologies(Financial times Deutschland; 2006). However, this stem will analyze the opportunities and risks involved with the political, economic, social and technical surroundings and then conclude with a recommendation whether or non the Australian Manufacturer should continue with this exportation or crush out Germany from the lists of strength markets. Political Environment Germany has manufactured many laws or legislations in revisal to become a more zero efficient country. The tendency of these laws was to encourage the public to consume less(prenominal) energy efficient energy and instead increase their tradition of renewable energy sour ces, such as solar, cheat, etc. intimately importantly, Germany had introduced the Feed in tariff to make an incentive for the drill of renewable energy through government legislations, although it was replaced with the Renewable push Sources Act in the year 2000.

The Feed in duty created a vast opportunity for many investors as this chemical mechanism made generalisation of various renewable sources, such as solar and wind compulsory. This allows investors to earn a reliable double back on their investing (Landler; 2008). Hence, government policies that enforce the requirement of these commodities create an opportunity for the Australian manufacturers as Germany will al! ready bemuse a potential market for solar panels. However, as the cost of PV plants are frequently higher than the cost of creating wind power, the win earned by the solar power investors are write down than those of wind power. This could create a possible risk, as the Australian manufacturers may not receive enough compensation for accusation this risk, if the...If you want to lay a full essay, order it on our website: BestEssayCheap.com

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