aream Press release

The rising demand for electricity, an immensely positive political climate and growing opportunities for diversification are making investments in renewable energies increasingly attractive. And these are not the only advantages: "For institutional investors in particular, there is hardly any way around renewables", says Markus W. Voigt, CEO of the aream Group.

It is not only the Russian gas freeze that underlines the need for the rapid expansion of renewable energies. Around the world, massive droughts and catastrophic floods also show the consequences of extreme weather events, which will increase with climate change. In July, German politicians decided to significantly expand wind power in particular. "Overall, however, the pace must be increased", explains Markus W. Voigt, CEO of the aream Group.

The sun is shining strongly this year - and yet the solar power produced in Germany is still nowhere near enough to cover demand. The wind is making its contribution, onshore and offshore, stably and regularly. But even this is not enough to satisfy the enormous hunger for electricity of one of the world's largest economies. The expansion of renewables is being accelerated, but that, too, will only take effect in years. Nuclear power plants seem like an alternative. But to be honest, they are not part of the solution, in fact they are a big part of the problem.

Renewable energies have been built up with great financial and political support. Over the years, several hundred billion euros have flowed in through the EEG levy alone, making green electricity competitive. Now, the rising electricity prices are causing extraordinarily high returns on old, subsidised plants. To be fair, these additional returns should either be used to relieve the burden on consumers or, even better, to further restructure the energy industry. Because this is the "fairest" solution in the long run.