Germany launches dialogue platform to prepare comprehensive electricity market reform
(Clean Energy Wire, 20 Feb 2023) On the path to a climate neutral electricity system that is largely covered by renewable sources, Germany is planning a reform to its electricity market.
Inaugurating the ‘Climate Neutral Electricity System Platform’, the economy and climate protection ministry (BMWK) aims to address key challenges such as ensuring the electricity supply of the future remains secure, sustainable and affordable. The platform, formed by business, science and civil society representatives, should lay the groundwork this year to prepare Germany’s electricity market for a greater reliance on renewable energy sources by the end of the decade.
To enable a future where electricity demand is largely met by renewable sources, Germany has launched a ‘Climate Neutral Electricity System’ platform (Plattform Klimaneutrales Stromsystem), with the central aim of reforming the country’s electricity market design. “The electricity market is the heart beat of the electricity system,” economy and climate protection minister Robert Habeck said during the inauguration of the platform, adding that the electricity supply of the future will be secure, sustainable and affordable.