German trade unionists are advocating for the quick expansion of renewable energy sources to help maintain affordable electricity prices and entice industry to the country. The call comes from IG Metall Coast, which has urged for an electricity price set for businesses, as discussed at the federal and state level.
In an effort to ensure competitive prices for energy-intensive companies such as steelworks or refineries during the energy transition, Daniel Friedrich, district manager of IG Metall Coast, emphasized the need for a model in Germany. Speaking at a rally on the day of Work on Monday in Kiel, Friedrich said, “Without industry, we are missing an important anchor for prosperity in our country.”
Lower electricity prices are crucial for the Northvolt battery plant to establish in Heide, according to Friedrich. He stated, “This requires the rapid and massive expansion of renewable energies, but also an instrument for the transition.”
Friedrich also highlighted the leading role of Lower Saxony in proposing a transformation electricity price, saying, “In the interest of the industry and the jobs that depend on it, the northerners should now all put pressure on Berlin together.”
The German government has set a goal of generating 65% of its electricity from renewable sources by 2030, up from around 40% currently. Trade unionists believe that increasing the production of renewables will help maintain affordable energy prices, allowing industry to stay in the country, and create jobs.
As Friedrich notes, “The expansion of renewable energies is not only essential for climate protection but also a key factor for the economic development of our country.” The transition to renewable energy sources is not only necessary to fight climate change but also has significant economic implications for Germany.
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The rapid expansion of renewable energy sources is essential to maintain affordable electricity prices and attract industry to Germany, according to trade unionists. The government's goal of generating 65% of its electricity from renewable sources by 2030 must be achieved to ensure the economic development of the country. As Friedrich emphasized, “Without industry, we are missing an important anchor for prosperity in our country.”
