Five theses for a ‘Jamaica’ energy market

Consultancy Energy Brainpool has analysed Germany’s aspiring government coalition parties’ manifestos on their energy policy positions. The group derived five major challenges that can serve as a basis for common action. A so-called Jamaica coalition of the conservative CDU/CSU alliance, the pro-business FDP and the environmentalist Green Party will face challenges in climate protection, energy storage and sectoral integration, cost allocation, digitalisation and European internal market integration, the consultancy says. It concludes that an “effective CO₂ price” of about 30 euros per tonne, which includes all sectors and is applied in as many European countries as possible, is indispensable for climate protection. Also, sectoral integration will “lead demand away from burning fossil fuels to an optimised use of renewable energy”, while a more flexible composition of the power price allowed for more rapid electrification of energy markets. Moreover, a focus on digital processes can boost efficiency in the energy sector and European integration maximises the effect of these measures, Energy Brainpool writes.

Find the theses in German here.

For background, see the CLEW factsheet Climate & energy stumbling blocks for Jamaica coalition talks.