Friday, November 13, 2026


German minister hails global 'energy revolution' driven by renewables

13.11.2026

Photo: Fabian Sommer/dpa

German Environment Minister Carsten Schneider believes the world is in the midst of an "energy revolution," with renewable energy making electricity more accessible and affordable for countries around the globe.

"With renewable energy, many countries that previously could not do so can quickly and cheaply establish a decentralized energy supply," he told the Funke media group in remarks published on Friday.

"This is also a form of democratization: Building a nuclear power plant today costs €20 billion [$22.1 billion] and takes 20 years. A large solar farm can be built in less than a year and costs a fraction of that."

Schneider backed a target proposed by Turkey, which is presiding over this year's UN Climate Change Conference (COP31) in Antalya, to increase electricity's share of global final energy consumption from the current 20% to 35% by 2035.

Electrifying cars, factories and other sectors is seen as crucial to moving away from climate-damaging energy sources.

Electric cars and heat pumps were already beneficial for the climate because of their greater efficiency, Schneider said. "And the larger the share of renewable energy in the electricity mix, the greater this advantage becomes."

He noted that more than 85% of new power generation capacity added worldwide last year came from renewable sources.

Schneider said agreement on the electrification target would be one measure of success for COP31.

He also sees economic opportunities for Germany in the global shift towards electricity. "If the world moves towards greater electrification, Germany can benefit enormously," he said. "We have strong, export-oriented companies in this field."

Europe could save 40% on electricity costs if solar and batteries ‘work in harmony’

In this picture, rows of solar panels can be seen under a cloudy sky.
Copyright Sasun Bughdaryan via Unsplash

By Liam Gilliver
Published on

“Solar is the fuel, the battery is the power plant. The whole system only becomes cheaper if these work in harmony with one another.”

Europe could save 40 per cent on electricity costs thanks to solar and batteries – but only if the complimentary technologies are deployed correctly.

Solar has rapidly become a leader in clean energy, helping the world transition away from polluting fossil fuels and cushioning households from volatile oil and gas price spikes.

According to the Solar Power Europe association, harnessing sunlight for energy has saved the EU €43.7 billion in avoided gas imports since the beginning of the 2026 US-led war on Iran.

But solar’s rapid expansion has shone a light on the urgent need for battery energy storage systems, to help prevent clean energy from being wasted when generation outstrips demand.

A new report launched during the UN COP31 climate summit has revealed just how much this combination can shape total electricity costs in Europe.

Will Europe’s solar and battery boom pay off?

The report, from the Schneider Electric Research Institute (SERI), modelled 40,500 scenarios across different combinations of solar, battery and grid costs to identify whether the rise of distributed energy resources (DERs) will ultimately raise or lower electricity costs overall.

DERs are small-scale, decentralised energy technologies like rooftop solar, battery storage systems, EVs and smart appliances.

It found that, when DER deployment is coordinated with electrification, the overall cost of running the electricity system could be cut by as much as 40 per cent by the 2030s as these technologies scale up.

These savings could translate into an additional 0.8 per cent of GDP to the global economy by 2030.

Electrification (replacing technologies that burn fossil fuels with electric alternatives) has become a flashpoint discussion at COP31, following Türkiye’s 35-by-35 pledge.

The co-host nation wants to raise the global share of energy demand met by electricity to 35 per cent, up from around 23 per cent today, by 2035 – as announced back in June.

A new study published yesterday (12 November), found that an electrified world would waste 61 per cent less energy while delivering the same services. This is partly because much of the energy produced by burning fossil fuels escapes as waste heat, making it far less efficient.

But critics say, unless sourcing electricity from clean power is specified in the final text, the pledge could allow governments to count expanded gas-fired generation as progress towards electrification targets – a move they warn would “seriously undermine climate goals”.

Europe urged to ‘accelerate’ electrification

But adding more batteries to Europe’s grid could help the continent electrify by taking advantage of surplus solar power.

In fact, the report found that battery deployment was one of the most significant variables affecting total system costs by reducing pressure during peak periods.

Get the balance wrong, and SERI warns that a mismatch of battery durations across asset types can push total system costs to as much as 35 per cent above the current benchmark.

As Laurent Bataille, SERI's EVP of Europe Operations, says: “Solar is the fuel, the battery is the power plant.

“Ultimately, batteries are making solar much more interesting. But the whole system only becomes cheaper if these work in harmony with one another. That also means building the electricity demand to use them, not just focusing on adding supply.”

Bataille argues that the priority now must be “accelerating electrified demand” and enabling more flexible energy use to “flatten the load curve and free up capacity”.

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