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Why we need the Energy Transition…

Why we need the Energy Transition… . Energy Security. Renewables. Saf et y. No Coal. Energy Transitsion. Low Prices. No Nuclear. Climate Protection. Agenda. Our Targets Germany`s situation before the Transition The Elements of the Transition What about: Prices? Energy Imports?

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Why we need the Energy Transition…

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  1. WhyweneedtheEnergy Transition… EnergySecurity Renewables Safety No Coal Energy Transitsion Low Prices No Nuclear ClimateProtection

  2. Agenda • Our Targets • Germany`s situation before the Transition • The Elements of the Transition • What about: • Prices? • Energy Imports? • C02 Emissions?

  3. The Energy Transition hasalreadystarted… • Ecological Tax Reform (1999-2003) • Renewable Energy Act (2000) • Nuclear Phase Out (2001-2022) • EU Cap and Trade (2005) • Integrated Climate and Energy Program (2007)

  4. Germany´s Feed In Tariff • Guaranteed grid access • Priority connection of the grid • Fixed rate (tariff) for every kWh produced (5 cent up to 22 cent for photovoltaic) • Long-term horizon (20 years), but degression -> providing investment certainty

  5. Energy Transition withorwithoutNuclear Power? • 1999: 30 % Nuclear Power • 2002: Phase out until 2020 • 2010: 23 % Nuclear Power • Autumn 2010: Life time expansionupto 12-15 years

  6. Fukushima changes evreything

  7. Critical Questions So what about……energy costs?…power shortages & imports?… CO2 emissions?

  8. Reasonsforhigher Power prices Profits ratherthanCostsofRenewables • Riseof power prices 2002-2012:10 Cent • CostofRenewableshaverisenby 3, 59 Cent Prices goupevreywhere due torenewalofthegenerationsystem • USA: 2004 -2002: Increaseof 24 percent • UK: 2013 Increaseof 9 percent Prices forthewholeenergysectorrise • 2012 Domesticfueloil: 10 percent • Gasoline 9 percent • Gas 5 percent

  9. German consumers have high electricity prices, but pay only average electricity bill • Source: own calculations, EIA 2011, Destatis 2012

  10. German consumers have high electricity prices, but pay only average electricity bill • Source: own calculations, EIA 2011, Destatis 2012

  11. Quellen: Hans-Josef Fell, IZES

  12. 5 Take aways: The German Energy Transition… • is an ambitious, but feasible undertaking. • is driven by cooperatives, citizens and small investors. • Provides jobs and income for communities and a competitive advantage for industry. • illustrates that fighting climate change and phasing out nuclear power can be two sides of the same coin. • is affordable for Germany, and it will be even more so for other countries.

  13. Thank you! www.energytransition.de

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