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Letzte Aktualisierung: March 2, 2022

Energy transition: from Russian to Chinese dependence

Made in China – the People's Republic dominates the solar sector
Putin's war against Ukraine is sending shock waves through German politics. Certainties such as secure energy supply are being called into question. After all, Germany is dependent on Russian gas. Now, the energy transition is to be accelerated. But new dependencies are looming – on China.
Nico Beckert
Nico Beckert
For decades, Russia reliably ensured Germany's power supply. This could soon come to an end. Partly in response to the invasion of Ukraine, the German government and the EU want to massively expand renewable energies. In reaction to Putin's war, German Minister of Finance Christian Lindner even referred to renewables as freedom energies in the German Bundestag. But the solar industry is dominated by China. Are Germany and the EU slipping from one dependency to the next? And how will the prices for solar modules develop if two economic areas as large as the EU and China expand their solar power simultaneously?
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