Progress on Germany’s Energy Transition – An Update

The publication of the annual report on Germany’s Energiewende (energy transition) has highlighted the positive progress in 2015. Most notably, renewable energy sources became Germany’s most important source of energy, at 31.6 percent of the total, even allowing for a slight increase in energy consumption (an increase largely attributed to cooler overall weather). At the same time, there was an overall fall in energy bills, by 1.4 percent for households and 2.1 percent for industrial customers.

Minister for Economic Affairs and Energy, Sigmar Gabriel, was delighted with the result, saying it confirmed a ‘near complete implementation’ of an ‘ambitious programme’. Dr. Benno Bunse, CEO of German federal economic development agency (Germany Trade & Invest) also took great pleasure in the positive review.

“Germany’s economy and people have overcome some great challenges to make the Energiewende a globally-leading national energy concept.”

Dr. Benno went on to say:

“The targets Germany has set are ambitious, but the innovative strengths of the German economy and the generous funding to investors willing to take the risks involved in such an ambitious project, are both creating great value-adding rewards as we march towards those targets. Germany continues to pioneer this energy transition process, which is nowhere near finished, by exploring all innovations and investing shrewdly in the future.”

Photo credit: Material used in the preparation of this article has been drawn from Germany Trade & Invest (GTAI).


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