Energiewende Index: Sentiment Towards Energy Transformation Deteriorates Again

A rare column from Germany indicating sliding confidence in the Energiewende

Energiewende Index: Sentiment Towards Energy Transformation Deteriorates Again « German Energy Blog:

The mood concerning the energy transformation (Energiewende) towards a renewable energy supply has deteriorated again by 1.6 points,compared with the first quarter reaching a new low of 94.2 points (on scale of 0 to 200), the German Energy Agency (dena) says. The agency compiles the quarterly Energiewende Index together with Ernst & Young, polling companies, towns and cities and associations. Especially utilities have falling expectations, while grid operators’ expectations rise against the trend.

1. Less Economic Stimulus Expected by the Energiewende
In particular with regard to the economic stimulus created by the Energiewende, the mood deteriorated, dena says. Expectations concerning job growth were considerably lower, the stakeholders were more reluctant to invest and the concerns about the international competitiveness were increasing.

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