Lessons from Germany’s Energy Renaissance

Lessons from Germany’s Energy Renaissance

In this article, a focus is made on the success of Germany in luring companies that deal with renewable energy technologies. Essentially, the article draws lessons from Germany’s energy renaissance for application in Canada which has time to delve on the demand for sustainable and clean power production. The case of Arise Technologies, which is a Canadian photovoltaic cell manufacturer that has its processes in Germany, is used to portray the superpower nature of the latter country. Germany’s power renaissance is based on the country’s ability to provide a high quality environment through the provision of financial incentives and engineering expertise. Further, a burgeoning awareness among the population with regards to the growth of potential renewable energy technologies is motivation for companies to set foot in the country. The article attributes Germany’s success in green energy to a combination of green, political and industrial policies in support of the technology.

The paper perfectly articulates the green energy revolution in Germany and compares the same with Canada. Indeed, Germany is a leader in green energy technologies and has a population with a high level of environmental awareness. Although the paper details the success of Germany’s green energy revolution, the country has attained success in terms of environmental conservation. In addition, Germany is one of the few countries that have effectively managed to lower their contribution to climate change. The paper thus attempts to draw lessons from Germany for use in Canada and other developed countries. By using the case study of Arise Technology which was a startup company in Canada, the paper manages to portray the prerequisites of an energy revolution. Germany managed to lure the company to set base in its country through financial subsidies and a ready market for its products.

The very nature of the paper compares the conditions in Canada to those in Germany in terms of providing an environment for growth. In fact, the author insinuates that the Germans are ever generous and offered the company an offer that they could not resist. The success of Germany’s venture into green energy production is attributed to a number of key factors that together resulted to the creation of hundreds of thousands of job opportunities for the locals. Germany has not only succeeded in generation of solar energy but is also a leader in wind energy harnessing. The arguments laid in the text are nothing but the truth and reflect a changing face of the country in the wake of the global climate change phenomenon. It is imperative that other countries emulate the success in Germany to increase their prospects of sustaining a green energy revolution.

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