Renewable energy has reached for the 1sr time a share of more than 50% in Spain and Germany in 2023. This is an astonishing milestone in the energy transition of both countries. For Spain a report from Red Energy Espanola attributes the Spanish success story to the expansion of mainly wind energy (Link). The increase of renewable energy in Germany is due to a more rapid expansion of solar energy (Link). In any case a continued expansion of both forms of renewables allows to reduce the share of fossil fuel even more rapidly than previously estimated. Good news for the planet particularly to phase out energy from coal due to its highly polluting side effect. Countries with faster trajectories shall serve as examples that it is feasible to manage the energy transition also for large countries. Political instability might be a price worth paying considering the positive effects for future generations. Managing the transition in a just way which means to assist poorer households, ensures the respect of social policy targets at the same time. With this in mind the energy transition can be perceived by all as an opportunity rather than a threat to their welfare and wellbeing.
