Energy transitions in Greece and Germany


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  • How will Germany accelerate the energy transition?

    Based on this impressive trajectory, Germany set itself ambitious targets to further accelerate the energy transition. According to the plans of the federal government, significant progress in the transition to less carbon-intensive and yet still secure and affordable energy supply should be achieved by 2020.

  • How will the World Bank help Greece transition from coal?

    The World Bank is engaged in several coal-dependent regions to help governments transition away from coal. With its roadmap in place, Greece is set to invest billions of dollars in coal-dependent areas. The plan will spur economic development, helping absorb jobs lost in the coal sector while setting the stage for new clean energy industries.

  • What is Greece's transition to a greener economy?

    Greece’s transition is coming at a critical time: its economy shrank by nearly 10% during the COVID-19 pandemic, and unemployment hovers around 14% overall and almost 34% for younger workers. The roadmap provides an opportunity to build back better — and greener.

  • Is the energy transition for Greece politically backed?

    The final objective of the energy transition for Greece has been already defined and is politically backed. The second question was used to validate, whether there exists an unanimity among the stakeholders about this goal. The aim of the last question was to identify crucial issues to be considered to achieve the final target.

Falling Behind on Environmental Sustainability

On the core issue of environmental sustainability, the energy transition is lagging far behind its 2020 targets. In 2018, 866 million tons of CO2 equivalents (CO2e) in emissions were released. While this amount represents a 4.5 percent drop from the previous year, it was still 116 million tons above the target of 750 million tons for 2020. The impr

Security of Supply Under Pressure

Germany has enjoyed a highly secure electricity supply for decades, but the tide is beginning to turn. The German power grid repeatedly faced critical situations in June of this year: significant shortfalls in available power were detected on three separate days. At its peak, the gap between supply and demand reached six gigawatts—equivalent to the

Electricity Costs Remain High

Economic development and growth have long constituted a problematic area for energy transition—especially when it comes to electricity-price development. For years, German consumers have paid more for their electricity than their European neighbors do. Today the electricity price for households is still about 45 percent above the European average.

Federal Government Announces Climate-Action Concept

In Germany, frustration is now growing among the general population over the lack of progress in addressing climate change. The “Fridays for Future” school strikes and the good results of the Green Party in the European election are signs of broad public interest in climate protection. Pressure on the federal government is rising. It has become cle

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