Renewable energy is becoming increasingly important on the German electricity market. However, despite the energy transition, Germany cannot, for the present, do without fossil fuels.
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At EU level, new proposed legislation for a clean-energy policy is being adopted. New policies are currently being discussed regarding the increased reduction of CO2 emissions, as well as EU-wide energy consumption targets for the year 2030 and national energy efficiency targets and measures to be derived from them. But what happens when the proposed objectives contradict and undermine each other?
Today, the EU Commission presented new guidelines and proposals for the European energy policy. With regard to the energy market design, the proposed package offers some welcome visions. They have the potential to indeed overcome the fragmented and somewhat inefficient state of national energy policies, including in Germany.
The election of Donald Trump as the next US president puts the international progress on global climate protection in danger. Trump already announced his plans to withdraw the US’ support and acceptance of the Paris Agreement. Thus, one of the largest emitters of CO2 would no longer be part of the fight against climate change. For companies producing in Europe, with its climate protection requirements this would lead to competitive disadvantages.
Head of Brussels Liaison Office
Tel+49 +32 2 5138456
MailParthie@iwkoeln.de
Head of the Research Unit Environment, Energy, Infrastructure
Tel+49 221 4981-791
Mailthilo.schaefer@iwkoeln.de
Economist for International Climate Policy and Energy Supply
Tel+49 221 4981-664
Mailtischler@iwkoeln.de
