Germany is not making as much progress as other European countries when it comes to the restructuring of its electricity market. (icture alliance / dpa-Zentralbild)
Germany is not making as much progress as other European countries when it comes to the restructuring of its electricity market. This is the conclusion of a study carried out by the British Association for Renewable Energy and Clean Technology (REA) together with the energy management company Eaton. The experts evaluated and compared the framework conditions for the energy transition away from fossil fuels and toward renewables in 13 European countries. According to the study, Germany was able to maintain the same level of progress as the previous year, but still slipped to last place, because other countries have improved more since the last survey was conducted in 2021.
The so-called Energy Transition Readiness Index (ETRI) rates countries on their societies’ support for the energy transition, their ability to use new technologies and business models, and the flexibility of the market.
On a scale of one to five, Germany scores three - as do Ireland, Italy, Poland, Spain, Switzerland, and the UK. Denmark, France, the Netherlands, Norway, and Sweden score four, with only Finland achieving the highest score of five. All countries were deemed to have ambitious emissions reduction targets. But the higher-rated countries reportedly have flexible markets "that better ensure fair, transparent and easy access," the study concluded. In lower-rated countries, on the other hand, there are barriers to investment, according to the report.
Overall, the study found a strong consensus for the energy transition in Germany, but the implementation of policy and regulatory changes is slow. One of the reasons is that decision-making is subject to a wide range of local political interests. According to the experts, Germany needs more resources to increase the flexibility of the electricity market in order to achieve the goals of the energy transition.
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