No one expected shale producers to survive extended low oil prices, but they have. The next act could prove even more destabilizing.
A new incentives initiative seeks to complete Germany’s transition to renewables with an appeal to business and a focus on a long-neglected area: the heating and cooling sector. Government support for solar and biogas heat may give the Energiewende a further push in the right direction.
Removing regulations slowing the build-up of renewable systems for consumers and industry, considering complementary methods of integrating fluctuating flows of renewable energy, and greening the transport sector through fuel innovations: these are three of the developments we may see in Germany’s renewable energy transition in 2015.
What a difference a year makes: Germany’s transition to renewable energy showed positive forward momentum, with increasing energy production from renewables, increased exports, decreased carbon emissions, and decreasing consumer prices. The next challenge is to improve efficiency.