In an interview with Deutschlandfunk on March 12, Volker Treier argued for providing broader foundations for Germany's energy supply: "One thing is clear: We must diversify – at every level, and this applies not only to international markets," he said. It is good that – partly after decades of negotiations – free trade agreements are finally being concluded. This must also apply to the procurement of energy.

Not yet independent from fossil fuels

While it is essential to advance renewable energy expansion, "we will not be independent from the supply of fossil fuels for a long time," noted the DIHK Foreign Trade Chief. Here, it is necessary to diversify supplier countries, but also to diversify different types of energy carriers and delivery routes. "And this also costs money," Treier said, "we must ensure careful use of available resources."

Renewable energies are gaining importance but also have their limitations, he explained. A "very strong infrastructure expansion" and storage capacities are needed, while a reliable base-load energy supply must be ensured. All of this must be coordinated and requires thoughtful planning. "We must not have ideological blinders," Treier emphasized. "The goal is to open markets. The goal is to become more resilient as a nation."

The entire interview is available to listen to on the Website of Deutschlandfunk (only available in German).