Germany must embrace transformation, seek European approach to industry crises – researcher

 

Germany must embrace transformation, seek European approach to industry crises – researcher


    Germany is of central importance when it comes to the EU defining its priorities in energy and industrial policies, says Simone Tagliapietra, senior fellow at Brussels-based think tank Bruegel. He argues that the country’s next government must avoid focusing on national strategies to tackle its myriad crises, and instead work to deepen the European energy union. Only a stronger European energy union could help to lower prices, Tagliapietra told Clean Energy Wire in this interview. Germany is not the anchor of stability it once was and its superiority in some technologies – including the key automotive sector – is under threat, Tagliapietra warns.

How do you see the German lame duck government influencing this Clean Industrial Deal?

    Now is not the time for member states to intervene in this process. The Commission will put forward a bigger policy framework – which will be the communication in February. With that, there will be a more coherent picture of what needs to be done in the coming years to boost European industry, competitiveness in the cleantech space and in energy-intensive industries such as the automotive industry, a key sector for Germany.

    In the months and years that follow, regulations and directives will be drafted, which member states will negotiate with the European Parliament, and here the national governments will play a role.

How do you see Germany’s role in the geopolitical context under its next government?

    Many of the energy and industrial policy issues we have on the table at the European level find a solution in ‘more Europe’.

    Europe, for example, is at a comparative disadvantage with the United States, China, and many others when it comes to energy prices. One way for Europe to structurally lower energy prices – and I would say to lower the cost of the energy transition – is by having a more integrated electricity market. The next German government, like all EU governments, must realise that deepening the Energy Union is in the interest of everyone.

    When it comes to industrial policy Europe must base it on both horizontal and vertical actions. Horizontal actions mean the framework conditions for companies to thrive, such as energy prices, and the availability of skills and capital.

    However, we also need sector-specific vertical interventions. In the automotive sector, the challenge is to be as European in the approach as possible. Otherwise, we have the usual problem of ending up with a few countries, namely Germany, subsidising a few companies, namely the incumbents in the sector. A national course of action would undermine the Single Market which is not in the interest of Germany. The next government has to understand this.

    A revision of the EU state aid framework – which allows countries like Germany to provide state aid in cases where it fits the common European interest – could help.


Industry Transformation
European Collaboration
Economic Resilience
Green Transition
Sustainability
Digitalization
Industrial Policy
Global Competitiveness
Decarbonization
Energy Transition
Circular Economy
Climate Neutrality
Innovation Strategy
Supply Chain Disruption
Economic Integration

#GermanyTransformation
#EuropeanIndustry
#IndustrialCrisis
#GermanyEconomy
#EuropeanUnity
#IndustrialRevolution
#SustainabilityInIndustry
#InnovationInIndustry
#GermanIndustry
#Industry4_0
#EconomicTransformation
#EUIndustry
#GreenEconomy
#CircularEconomy
#IndustryResilience


Comments

Post a Comment

Popular posts from this blog

Tuning forks in space: a final pure "tone" may reveal interior of neutron stars

Image
Tuning forks in space: a final pure "tone" may reveal interior of neutron stars      FRANKFURT. Neutron stars , with a mass greater than that of the entire solar system confined within a nearly perfect sphere just a dozen kilometers in diameter, are among the most fascinating astrophysical objects known to humankind. Yet, the extreme conditions in their interiors make their composition and structure highly uncertain. The collision of two neutron stars, such as the one observed in 2017, provides a unique opportunity to uncover these mysteries . As binary neutron stars inspiral for millions of years, they emit gravitational waves, but the most intense emission occurs at and just milliseconds after the moment of merging. The post-merger remnant – a massive, rapidly rotating object formed by the collision – emits gravitational waves in a strong but narrow frequency range. This signal holds crucial information about the so-called " equation of state " of nuclear matter,...
Read more

Fraunhofer HHI experts underscore the value of XAI in Geosciences

Image
Fraunhofer HHI experts underscore the value of XAI in Geosciences      AI offers unparalleled opportunities for analyzing data and solving complex and nonlinear problems in geoscience . However, as the complexity of an AI model increases, its interpretability may decrease. In safety-critical situations, such as disasters, the lack of understanding of how a model works — and the resulting lack of trust in its results — can hinder its implementation.      XAI methods address this challenge by providing insights into AI systems, identifying data- or model-related issues. For instance, XAI can detect ‘false’ correlations in training data — correlations irrelevant to the AI system’s specific task that may distort results.      “Trust is crucial to the adoption of AI. XAI acts as a magnifying lens, enabling researchers, policymakers , and security specialists to analyze data through the ‘eyes’ of the model so that dominant prediction strategies ...
Read more

Study results open door to heart failure treatment with 'heart patch’

Image
Study results open door to heart failure treatment with 'heart patch’           The BioVAT-HF-DZHK20 clinical trial is currently investigating a unique approach to address the unmet medical need in patients with advanced heart failure. Implantation of a tissue engineered heart patch, called engineered heart muscle (EHM), is developed to repair the failing heart. The EHM patch is a lab-grown heart muscle made up of induced pluripotent stem cell-derived heart cells embedded in a collagen hydrogel . The foundation for the translation into clinical testing was established by simulation of the clinical treatment in rhesus macaques. The EHM patch is currently the only technology that allows safe and efficacious delivery with long-term retention of cardiomyocytes in the heart.      An interdisciplinary team led by Professor Wolfram-Hubertus Zimmermann, director of the Department of Pharmacology and Toxicology at the University Medical Center (UM...
Read more