German Energy Policy – An Ambitious Bet

Seminar
Monday, November 07, 2011
6:00 PM
Free and open to the public

Energy and Climate policy has been for many years in Germany a top policy priority. In fall 2010 the right-wing government of chancellor Merkel presented a far ranging energy concept including an 80 % GHG emission reduction goal for 2050 and a strong focus on renewable energies. Nuclear power was nevertheless considered then as a bridging technology, and a lifetime extension compared to earlier phase out decisions was implemented. After the Fukushima disaster, this policy has been revised and the closure of the last nuclear power plant is now scheduled for 2022.

The talk presents the key elements of the climate and energy policy plan and discusses backgrounds in public opinion, political debate and industry strategies. Furthermore, the feasibility and the economic rationale of the ambitious plan are scrutinized.

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Speaker

Christoph Weber

Chair for Management Sciences and Energy Economics
University Duisburg-Essen