Digitalisation of energy transition pushes electrical industry sales to record high

Trends such as the digitalisation of the energy transition and autonomous driving pushed German electrical and electronics companies’ sales up around 4 percent to a record 190 billion euros last year, according to the German Electrical and Electronic Manufacturers’ Association (ZVEI). “It must be Germany’s goal to extend its innovation leadership in climate protection technologies,” said ZVEI head Klaus Mittelbach. The next government should promote digitalisation of the energy system. “If we can show in our country how a high-performance energy system can be build with renewables, digitalisation and energy efficiency, we can also achieve export successes and boost Germany as an industrial location,” Mittelbach said.

Find the ZVEI press release in German here.

For background, check out the CLEW dossier The digitalisation of the Energiewende and last week’s article German industry says protecting climate can benefit economy.