Germany is moving towards the gradual closure of its coal-fired plants no later than 2038, through support for companies and factories for a comprehensive elimination of energy sources polluting the environment, in the German government’s long-term strategic plan for a sustainable shift to depend entirely on clean and renewable energies. Despite the impact of this decision on a group of the largest factories in Germany in terms of the cost of this energy transition, and the readiness of the major industrial enterprises to download this future plan.
Germany is considered one of the leading countries in the level of sustainable energy transition, having mobilized huge budgets and investments with leading local companies in the fields of renewable energy as part of the government’s Energiewende initiative for a sustainable transition towards the comprehensive use of alternative energies at affordable prices.
Germany began a long time ago to bomb some coal-fired power stations, as decades-old towers and chimneys were removed and settled to the ground in a historic agreement with workers in this sector to pay compensation to workers, companies and regional governments estimated at tens of millions of euros, in order to dispense with all power stations. Coal-fired by 2038. In line with German goals to reduce carbon emissions by 2030, in parallel with the large investment in renewable energies.
The renewable energy sector in Germany is among the most successful and innovative in the world. Where there are the largest companies that dominate the global market in this field, and you find that all solar panels, wind turbines and generators in Germany are German industry. The German government’s investments in adjusting the electricity transmission networks to suit the new structure for their production also contributed to this, in line with the issuance of the climate protection program approved by the German government at the end of 2019, which sets the maximum limits for emissions of waste gases in the buildings sector and other sectors. Adoption of the Climate Protection Law Imposing specific prices on CO2 emissions in the areas of transport and buildings. Through these laws, the German Federal Government was the first government in the world to set binding national climate targets.
It is worth noting that not only the environment and the climate alone benefit from the sustainable energy transition in Germany, but also the German national economy, especially with regard to the issue of being subject to fluctuations in world prices for imports of oil and gas. Huge sums related to importing coal, oil and gas will be cut with the gradual and growing adoption of renewable energy sources, in addition to creating a large market for the export of clean energy and its technologies, and creating new job opportunities.