Germany's Energy Transition Comes at a High Economic Cost
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Germany has secured energy supply by reducing industrial output, but this has come at a high economic cost.
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Parts of German industry have shrunk or disappeared, reducing economic growth, wages, and manufacturing.
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Exiting nuclear power turned Germany from a net electricity exporter to a net importer.
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Overinvestment in renewables led to overproduction and forced Germany to pay neighbors to take excess energy.
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Energy prices have risen continuously, making Germany less competitive and average Germans poorer.