According to Klaus Stratmann of Handelsblatt, the German Green Party wants to restructure the energy market to greatly increase the share of renewable energies, according to a position paper that the party’s parliamentary group aims to present today.
In the document, which Handelsblatt has seen, the party proposes raising the CO2 price in the heating and transportation sectors to 60 euros per tonne of CO2 by 2023, rather than the existing 35 euros per tonne of CO2.
According to Handelsblatt, the Greens also want to increase the country’s hydrogen production, calling for “at least ten gigawatts of electrolysers by 2030,” which is double the amount the German government is aiming for in its hydrogen strategy. To increase renewable energy production, the Greens propose a contracts-for-difference scheme, which guarantees electricity suppliers a fixed price over time, as well as higher renewable energy expansion goals.
According to Handelsblatt, the paper is intended to serve as a guideline in the event that the Greens enter the government after the federal election in September. The Green Party is actually polling second behind Angela Merkel’s conservative CDU/CSU bloc in the polls. The party announced Annalena Baerbock as their nominee for chancellor last week.