The G7 energy minister met in Hamburg for two days to discuss energy issues in Hamburg. Sigmar Gabriel, German Minister for Economy and Energy, said in English: “Today, we are discussing what the G7 countries can contribute to sustainable energy supply and we will build on the results from our meeting in Rome last year and the decisions of the heads of state and government in Brussels. In Rome, we were able to agree on binding principles for secure and resilient energy systems. We now wish to develop specific measures based on the principles of the Rome initiative.”
Green Energy in Focus
According to the German energy minister, on-shore and off-shore wind turbines already cover ten per cent of German electricity consumption. In total, green energies account for 27.9 per cent of the German energy mix. They also have become an important factor in terms of jobs and the economy. Green, sustainable energy is also seen by Germany as a path for increased energy independence, thus reducing the dependency on fossil fuels from countries like Russia. At the new RWE wind farm North Sea East located 35 kilometres east of Helgoland, 48 wind turbines with a performance of 295 MW have been erected.
Better Storage Options
Offshore wind farm are able to produce much more green energy than land-based turbines. A challenge, however, remains the storage of green energy. In response to the Ukraine-Russia crisis, a 13 point plan had been set up in Rome in May 2014. To turn its visions into concrete actions is also part of the agenda in Hamburg. Targets defined include, inter alia, to strengthen the development of transport infrastructure, storage and terminals to import liquefied gas from Gulf countries as new alternatives to Russian gas supplies. According to the European Commission, EU countries on average cover some 30 per cent of its natural gas and 35 per cent of its crude oil by imports from Russia. In 2014 alone, Russia held a 38 per cent share in German natural gas imports. Overall, about a quarter of Germany’s energy needs are being secured by Russia, with oil and coal complementing the energy imports.
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