IEA boss praises the traffic light coalition’s energy policy

After Russian invasion
IEA boss praises the traffic light coalition’s energy policy

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In the wake of the Russian invasion of Ukraine, Germany has to completely change its energy supply. Renewable energies and liquid gas instead of cheap gas from Moscow. And the traffic light coalition does this surprisingly well, says IEA boss Birol. In his eyes, Scholz and Co. only make a mistake in one point.

The head of the International Energy Agency IEA, Fatih Birol, gave an overall positive assessment of the traffic light coalition’s energy policy. “I think the German government has been very successful in moving away from Russian energy,” Birol said in Paris ahead of the association’s ministerial meeting on Tuesday. “I think Germany is perhaps the country that was most affected by Russia’s invasion of Ukraine because Germany’s dependence on Russia was very, very strong.”

In the German economic model, the industry was more or less based on cheap and abundant Russian energy, Birol explained. Then you lost it from one day to the next. The government accelerated the expansion of renewables, found other gas sources, imported liquid natural gas from other countries and built LNG terminals in record time. “These are all very good steps.” It is not easy to achieve rapid changes in the energy sector. “The energy sector is like a big tanker on the ocean. If you want to change direction, it takes a while.” A lot of infrastructure and installations are required.

Birol also emphasized that the initial situation for the federal government was quite complicated. “They inherited a rather difficult position because of the high-risk energy policies of the previous governments, namely excessive dependence on a single country,” Birol said. “Overall, I think the German government has done a very good job.”

Relief for costs of the energy transition

Nevertheless, from Birol’s perspective, there are some serious challenges that the traffic light should address. According to him, people with low and middle incomes must be protected through supportive financial and economic measures. The energy transition is associated with many costs. If these people had to shoulder the costs disproportionately, this could cause problems with social acceptance. Birol also warned: “If we don’t do this, the burden on low- and middle-income people could create fertile ground for extreme political views, which in my view is a danger to our democracies.”

Birol praised the climate money envisaged by the traffic light as compensation for additional costs caused by rising CO2 prices when refueling and heating with fossil fuels as an “excellent idea”. He knows that there are still discussions and hopes that aspects of the challenge can be clarified as quickly as possible. According to Federal Finance Minister Christian Lindner, a per capita payment is technically possible from 2025. Every citizen should get money back from the state. However, that would cost billions. It is controversial whether and when the coalition will make good on its promise.

Comeback of nuclear power

Birol, on the other hand, is more critical of sticking to the traffic light on phasing out nuclear power, even though he emphasizes that each country can of course decide this for itself. “If I were a government where there was a technology that worked great, without any problems, I would have reconsidered putting that aside and looking at other options that would increase my dependence on other countries on the one hand and lead to more emissions on the other .” The Belgian government would have pursued a similar policy before the Russian invasion of Ukraine and then changed its mind.

But the change of heart didn’t just affect Belgium. “I see that nuclear power is making a comeback,” Birol said. In France, in Asia, North America, the Middle East and elsewhere. “Many countries have understood the importance of nuclear power along with renewables and local power generation after the Russian invasion of Ukraine.” The issue of nuclear waste is of course a serious challenge. But: “I don’t think this is a reason to simply put technology aside without looking at solutions to nuclear waste.” This is a challenge, but it can be solved.

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Barack
As an experienced journalist, expert in useful tips, I have a passion for providing valuable information and practical guides to a wide audience. My articles are characterized by thorough research and verification of reliable sources that ensure the quality and accuracy of every information I provide
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