Potential Consequences of the Energiewende for the Manufacturing Sector in Germany
The abandonment of nuclear power and new focus on renewable energy sources represents a fundamental change in the structure of Germany’s electricity supply. In the wake of this change in energy policy (which is widely referred to as an energy turnaround), prices started to rise immediately and furth...
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| Format: | Article |
| Language: | English |
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Sciendo
2015-12-01
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| Series: | International Journal of Management and Economics |
| Online Access: | https://doi.org/10.1515/ijme-2015-0032 |
| Summary: | The abandonment of nuclear power and new focus on renewable energy sources represents a fundamental change in the structure of Germany’s electricity supply. In the wake of this change in energy policy (which is widely referred to as an energy turnaround), prices started to rise immediately and further increases are to be expected in the years ahead. For the manufacturing sector, this cost burden has been mitigated by exempting energy-intensive sectors from additional costs. However, this causes high levels of uncertainty for large electricity consumers as their current exceptional status may be called into question at some point in the future. |
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| ISSN: | 2299-9701 |