German companies call for investments in transmission grids
Germany should use its public budget surplus for preventative investments in transmission grids, transportation infrastructure and other areas, the Federation of German Industries (BDI) writes in a press release. Investments that could 鈥減repare for hard times鈥� are currently possible 鈥渨ithout raising taxes or neglecting the restructuring of public budgets鈥�, according to the BDI. The federation, which estimates German GDP growth to reach about 1.5 percent in 2017, regards these investments as key for ensuring the country鈥檚 continued economic well-being. In the context of energy transition, there needed to be greater emphasis on cost efficiency in order to make it an 鈥渆xport hit鈥�, BDI鈥檚 president Dieter Kempf said in the press release.
Read the press release in German .
For background, see the 威力彩玩法 dossier The energy transition and Germany鈥檚 power grid.