Germany’s energy transition brings annual savings of €10bn

viviane raddatzViviane Raddatz (World Wildlife Fund) writes from Berlin to correct assertions made in the FT editorial of November 25th.

Though admitting that Germany currently has an excess of coal generation capacity, she explains that this is due to the dysfunctional EU emissions trading scheme, not its transition to renewable energy (Energiewende) or the closure of nuclear plants.

On IG Metall’s website we find (translated):

igmetall graphic energy“It’s about more than electricity, its price and its origin. Basically, it’s about the energy base of our industrial society and its products.

The energy revolution is the development of technology and prosperity model, which is designed to receive and not on the consumption of finite natural resources. This includes electricity from renewable sources, better low-CO2-CO2-neutral production and mobility as well as energy conservation in industry, households and buildings”.

Returning to Viviane: “Between 2010 and 2013 the increase in power produced by renewables (+46.9TWh) has outpaced the decrease in nuclear power (-43.3TWh). This growth in renewable energy has given a real boost to the German economy. In 2013 there were almost 380,000 jobs in the renewables sector in Germany and this is expected to grow to 600,000 by 2020. It also brings annual savings of €10bn due to reduced imports of fossil fuels.

“Most importantly, the Energiewende will not only help Germany transform into a green and emission-free economy, but will also increase our energy security by making the energy sector more resilient in the face of changing conditions in politically unstable supply regions”.

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To read Viviane’s letter, register (free of charge) at: http://www.ft.com/cms/s/0/01e65008-74a6-11e4-b30b 00144feabdc0.html#axzz3KcrcDzI7

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