Āé¶¹ĪŽĀė°ę

News Digest Item
27 Feb 2017

ā€œIntelligent management of structural changeā€

IG BCE

Europe’s most important industries should get more support for innovation to cope with structural change, Germany’s trade union for the mining, chemicals and energy industries (IG BCE) says in a press release. ā€œWe’re picturing a future fund,ā€ for example for the energy and mobility industries, IG BCE’s chairman Michael Vassiliadis says. The fund would give investment support to companies seeking to unlock new business opportunities, IG BCE says. Vassiliadis called for subsidising high-end technology projects such as artificial photosynthesis and power-to-x technologies. Billions of euros are being spent on supporting renewable energies ā€œthat fluctuate strongly with the weather und have little further potential for innovation,ā€ Vassiliadis says. Europe instead should focus on ā€œthinking about alternatives for the ā€˜alternativesā€™ā€.

Read the press release in German .

For background, see the Āé¶¹ĪŽĀė°ę factsheet How can Germany keep the lights on in a renewable energy future?.

 

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