IEA is concerned by the costs of the energy transition in Germany

Last May the International Energy Agency (IEA) published an analysis of the energy transition in Germany. This analysis acknowledges the efforts made by Germany for a better energy efficiency and for the important development of renewable energies but also highlights 3 concerns. First, the cost for the energy transition is not fairly dispatched: electrical power is far more expensive for households than for enterprises. Secondly, according to the IEA, measures must be taken to restrain the growing costs of renewable energies and to foster investment to develop smart grids. Thirdly, the IEA misses the lack of coordination of Germany's energy policy with foreign countries' ones as German decisions have an impact beyond its frontiers. (A.C.)