Industry experts are warning Germany to address the risks associated with the supply of raw materials for its transition to clean energy. The country cannot afford to ignore these risks any longer. The transition to clean energy is crucial for combating climate change and achieving sustainability goals. However, without a secure and stable supply of raw materials, this transition may not be successful.
Germany relies heavily on imported raw materials for its clean energy technologies, such as lithium for batteries and rare earth metals for wind turbines. This dependence exposes the country to supply chain disruptions and price fluctuations, which could hinder the transition to clean energy. Industry experts are urging the government to take action to secure a domestic supply of raw materials and reduce its dependence on imports.
Ensuring a stable supply of raw materials is essential for the success of Germany’s clean energy transition. The country must invest in domestic sources of raw materials and establish partnerships with other countries to secure a reliable supply chain. By addressing these supply risks, Germany can ensure a smooth transition to clean energy and achieve its sustainability goals.Ignoring these risks could jeopardize the country’s efforts to combat climate change and transition to a more sustainable energy system.