Energiewende on track with renewables, supply security, jobs; to miss cost, emissions goals

Germany’s Energiewende is on track in areas such as extending renewables, employment, and securing power supply. But other goals - such as reducing power consumption and carbon emissions, and the limit on costs - seem increasingly out of reach, consultancy McKinsey said in a press release on its bi-annual Energiewende-Index survey. “The gap between relevant goals of the Energiewende that are over-achieved and those that are out of reach, is growing,” the company said. The indicator for cost to stabilise the grid reached an all-time low due to the increase of re-dispatch measures. Seven of the 15 indicators showed a realistic chance of meeting the targets, seven pointed to missing the goals, with one showing the need for only slight adjustments.

Find details of the index in German here and an analysis from the McKinsey experts here.