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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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However, the financial cost of the shift is causing concern. The fact that German electricity prices are among the highest in Europe, despite relatively low wholesale prices, must serve as a warning signal ,” said IEA Executive Director Maria van der Hoeven as she presented the report, Energy Policies of IEA Countries – Germany 2013 Review.

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SAE technical experts: fuel cell technology has advanced significantly, FC vehicle production has begun, further cost reductions & infrastructure development required

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Accordingly, to offer a product with a competitive value proposition, the industry focus has shifted to increasing the value of the product for the end user from a total cost of ownership (TCO) perspective. Cost, productivity, efficiency and fuel economy now offer the highest focus for technology investment, he said.

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