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Policy

German Energy Crisis Provides Stark Lesson

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Policy, Government 26809392-germany-reichstag-governement

Germany's energy crisis offers a lesson learned on how to avoid energy transitions that arguably go too far, too fast, and make incorrect assumptions. Europe's largest economy, which is heavily dependent on imports, is facing an unprecedented energy crisis that could worsen this winter. In recent years, Germany has remained keenly focused on its “Energiewende” energy transition policy and its rapid expansion of renewable energy capacity. This enjoyed strong public and industry support and made the country a climate leader, but it was carried out in a way — and at a speed — that seemingly came at the expense of a comprehensive, diversified energy strategy.

Topics:
Policy and Regulation, Security Risk , Nuclear Policy, Low-Carbon Policy, Coal, Renewable Electricity
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