Overview

• Germany's energy transition plans could save over €300 billion by 2035 through more efficient implementation, according to a BDI-commissioned study by Boston Consulting Group.
• The current strategy has been criticized for overestimating demand and favoring costly solutions like underground cables, introduced in 2016 to address public concerns.
• Shifting focus to onshore wind turbines, ground-mounted solar panels, and regionally tailored renewable energy expansion could significantly reduce costs.
• The study suggests blue hydrogen, derived from natural gas, may remain more cost-effective than green hydrogen in the long term.
• Rising energy costs, now up to 2.5 times higher than international competitors, have increased pressure on policymakers to adopt cost-efficient measures while maintaining climate goals.