“This is the future of the energy transition”

Germany’s transition to an auction-based system to stabilise renewable development is the right way forward, writes David Wortmann, head of renewable consultancy DWR eco, in an op-ed in Wirtschaftswoche. But the government gets in the way of the planning security required by investors who want to try new business models, he argues. This is because it already plans additional changes, and a further reform of the Renewable Energy Act after the federal election 2017. The next reform will centre on the costs of the energy transition and their distribution, writes Wortmann. He argues the government will have to increase auction volumes for the cheapest renewable technologies to achieve climate targets, while keeping costs under control.

Read the commentary in German here.

For background, read the CLEW dossier The reform of the Renewable Energy Act.