Particle.news

Download on the App Store

Reiche Sets Summer Reality Check for Energiewende, Linking Renewables Growth to Cost and Grid Investment

A detailed end-of-summer review will explore cost efficiency, grid financing by renewables with demand projection adjustments

Overview

  • Reiche said the Energiewende must link renewable capacity growth with cost efficiency instead of focusing solely on build-out
  • She proposed that renewable operators share in financing grid expansion to reduce the €30 billion burden currently placed on public budgets
  • Delayed transmission build-out has led to repeated curtailment of renewable output and expensive countermeasures against network bottlenecks
  • Reiche said electricity consumption forecasts will be re-evaluated amid doubts over projections of 750 TWh by 2030 and 1 000 TWh by 2035
  • The minister reaffirmed Germany’s goal of climate neutrality by 2045 and cautioned that the targets remain very ambitious