Bundesbank: Much faster pace needed for energy transition

Sabine Mauderer of the Deutsche Bundesbank called for a much faster pace of the energy transition in Germany and Europe.

• Main announcement/action: Mauderer urged significantly faster energy transition in Europe, emphasizing that regions must credibly secure and efficiently supply the large future energy demand of energy‑intensive growth sectors (Künstliche Intelligenz, data centers, electrification, automation). She stressed the need for planning certainty over investment horizons of 10–30 years and a strong public‑private dialogue to define stable frameworks.
• Background and details: She cited that Germany imports 67% of its energy (predominantly fossil) and Europe 57%, noted the EU transition rate of ~2.7% per year (2014–2024) as insufficient, highlighted examples including a €75 billion Japanese investment project in France and SpaceX valuation > $2 trillion, and recommended faster rollout of renewables, grid expansion, storage, smart meters and more R&D (fusion, laser energy).