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Prediction: Germany: Renewable energy ambitions will bring added risks

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Germany will be climate-neutral by 2045, according to the Federal Ministry for Economic Affairs and Climate Protection. As a result, it is in the process of reorganising its energy production and the most important goals include: maintaining security of supply, favourable prices for households and companies, and climate-friendly generation without nuclear power and fossil fuels. Such new energy arrangements form the basis for many investment decisions, from grid expansion and the construction of wind and solar plants to the promotion of hydrogen projects. With these come a number of risks. For example, technical and operational risks can arise from wind turbines and solar installation maintenance issues. Environmental and health risks may occur from spills of chemical substances that could contaminate soil and water. Older turbines and/or those in remote areas where access is difficult increase financial risks. Renewable energy systems also contain materials that can be hazardous to the environment and recycling can be challenging.