Renewable Energy

More Market Confidence!

A worker inspects solar panels at a solar farm in Dunhuang, 950km (590 miles) northwest of Lanzhou, Gansu Province September 16, 2013. China's solar panel industry is showing signs of booming again after a prolonged downturn - raising fears of another bust when the splurge of public money that is driving a spike in demand dries up. Lured by generous power tariffs and financing support to promote renewable energy, Chinese firms are racing to develop multi-billion dollar solar generating projects in the Gobi desert and barren hills of China's vast north and northwest. Picture taken on September 16, 2013. REUTERS/Carlos Barria (CHINA - Tags: BUSINESS ENERGY)
Can governments step aside and allow solar's potential to shine?
  • Why it matters

    Why it matters

    Germany and Europe need to reduce trade restrictions and tariffs on solar panels to improve the prospect of solar energy transforming the energy economy and eliminating our reliance on fossil fuel.

  • Facts

    Facts

    • Better and cheaper alternatives to fossil and nuclear energy sources will enable us to do away with steam engines in power plants and internal combustion engines in automobiles.
    • This will require an investment of hundreds of billions of euros in a large-scale expansion of solar panel use, both on rooftops and building walls.
    • Without E.U. trade restrictions, the cost of solar panels would decline by 20 percent today and 40 percent by 2020.
  • Audio

    Audio

  • Pdf

In the wake of the Paris climate agreement, the German debate currently revolves around the political goal that the global energy supply must make do without coal, oil and natural gas, and that these resources must remain in the ground.

That is too defensive and backward looking.

The more future-oriented message is: We can make do without fossil fuel and nuclear energy! That’s because the cost of renewable energy, especially solar, continues to fall. Like the Stone Age, the fossil-nuclear age will come to an end because there are better and cheaper alternatives.

We will then be able to turn our backs on two key technologies that date back to the last century: steam engines in power plants and internal combustion engines in automobiles. Electrification and digitization will modernize economies. Electric cars and electric sources of heat will become unstoppable, because these technologies are better and more convincing.

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