Lower renewables, hydrogen buildout could greatly reduce Germany's energy transition costs - energy company

Germany could achieve climate neutrality by 2045 at a much lower cost through a combination of energy efficiency measures and a slower expansion of power generation and transmission capacity than currently planned, an analysis commissioned by energy company EnBW found. The analysis conducted by energy consultancy Auroa ER tallied the potential savings at about 700 billion euros over the next 20 years if the recommendations made in the report are swiftly implemented, with the initial “systemic costs” gauged at about three trillion euros.