The Deputy Minister underlined the significance of the expansion of renewal energy in order to provide power to the national power system, as well as the importance of advanced technology that can meet demands relating to the distribution, operation, and management of the system.
Themed “Energiewende – Towards Climate Neutrality,” the two-day event drew the participation of politicians, policy makers, and experts from 50 countries and territories globally, including US Climate Envoy John Kerry and Secretary of Energy Jennifer Granholm, both of whom participated in the dialogue for the first time.
Discussion was also on strategies aimed at restructuring the global energy system in an effort to speed up energy transition.
German Foreign Minister Heiko Mass and Minister of Economic Affairs and Energy Peter Altmaier highlighted the significance of the successful implementation of energy transition amid great global support, a factor which may become motivation for renovation and continued sustainable growth.
Furthermore, European Commission President Ursula von der Leyen stated that Europe is striving to become the first climate-neutral continent by 2050. This comes after last December saw EU leaders agree to a greenhouse gas emission reduction target of at least 55% by 2030. The initial European Climate Law will hopefully come into force in the near future and will be part of Europe’s commitment to deliver on the Paris Agreement, she said.
Moreover, the EU will invest roughly EUR 350 billion more each year in the energy system over the course of the coming decade if it is to become sustainable, she said.
During the event, officials from Germany, the US, Canada, Italy, and EU will debate the possibility of trans-Atlantic co-operation in terms of energy transition policies.
Held annually by Germany’s Federal Ministry of Economic Affairs and Energy from 2015, the primary aim of the dialogue is to promote the development of green energy resources and the efficient use of energy worldwide.