Featured in Upside of China's downturn – 12-2019

A year of change: Part 1

To hear our policymakers talk, the energy transition – an unprecedented, radical and rapid transformation of our energy and economic systems – is now in full swing. So much is being reformed and so much is being accomplished – we can’t possibly do more! But reality paints a completely different picture. Even for the big energy companies, which once leaned on the brakes in the face of change, the current pace of the federal government has become too sluggish. The utilities have started to set the pace for change to prepare quickly for a future in which emissions-free energy will be generated exclusively from renewable sources. With or without climate targets, for the utilities it is a matter of developing a survival strategy in a disruptive market.
Data source: pvXchange.com

At the end of 2019, we can look back on a year of public protest in the form of climate strikes and roadblocks, which began with Greta Thunberg in Sweden and have now spread across the globe. Young people are no longer standing idly by and watching as policymakers and businesspeople frivolously jeopardize their futures …

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