Yamaguchi journal of economics, business administrations & laws

The economic society of Yamaguchi University

PISSN : 0513-1758
NCID : AN00243258

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Yamaguchi journal of economics, business administrations & laws Volume 70 Issue 1-2
published_at 2021-07-31

Policy analysis of energy transition and climate policy in Germany : focusing on the power sector

ドイツにおけるエネルギー転換と気候政策の政策分析 : 電力部門を中心に
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C050070000102.pdf
Germany's energy transition (Energiewende) is a paradigm shift into a low-carbon and nuclear-free economy. As part of the European Union's climate neutralization drive, aiming to reduce greenhouse gases to net-zero by the middle of the century. Generous financial support for wind and solar power has boosted renewable energy to produce more electricity than fossil fuels for the first time in 2020. Germany's energy transition is not a policy shift after the Fukushima nuclear disaster, but a long-term process of policy making in response to public opinion and technological trends. Germany's energy transition is still underway and needs to be extended beyond the power supply. However, it may already be pushing more thoroughly through pricing and volume regulations, such as the European Emissions Trading Scheme (EU-ETS) and changes to the carbon tax, which provides incentives for changes to low-carbon technologies. This paper analyses Germany's energy transition and climate policy. The purpose of this paper is to clarify the actual conditions and issues of the reduction effects of greenhouse gas emissions, which are the main policy issues of the energy conversion policy that has been developed mainly on renewable energy for these 20 years.
Creator Keywords
energy transition
renewable energy
Energiewende
greenhouse gases
EU-ETS