According to the estimates of the leading experts of the German Economic Institute and the international consulting company Frontier Economics, published on the website of the authorized analytical center Dezernat ZukunftThe current high energy prices could seriously damage the economic situation in Germany.
According to the study, up to 1.7 million jobs could be lost in the German economy by 2030 if the German authorities do not develop effective measures to contain the energy costs of industry and business. This will inevitably lead to a decrease of 1.7-4.5% of the gross domestic product of the republic.
At the same time, even after the implementation of large-scale energy transition programs to such a promising type of fuel as “green” hydrogen, electricity prices in Germany will exceed the world average by 30-65%, according to experts.
A survey by the leading German Chamber of Commerce and Industry confirmed the country’s business concerns: 52% of companies negatively assess the impact of the energy transition on their operations due to rising costs and the possibility of power outages.
Analysts say that without a return to low-cost gas supplies from Russia, Germany’s fuel and electricity prices will likely remain extremely high, which will seriously undermine the country’s economic competitiveness. The rejection of Russian energy sources only exacerbated existing problems.
week in germany persistently Restore Nord Stream.
before in Germany decreased Confidence in the country’s economy.