Energy transition

“Climate change” and “ecocide” have become keywords even first graders know. We have accepted that natural resources are limited and that we must take care in how we use them. This is why many people support the political decision to expedite the transition of the German energy sector. Alternative energy sources are increasingly popular. Wind farms pepper Germany's landscape, solar panels are a common sight; biogas, energy-efficient CHP and energy conservation measures are up and coming.

Still, there is some catching-up to do when it comes to technological advancements and its financing, as well as some persuading when it comes to the necessity of saving energy. The “Energiewende” is one of the biggest challenges we are facing as a society since the reunification – and will be for years to come. What needs to be done for us to leave a world worth living in to future generations?


The power of wind energy

Savings Banks are the driving force of the “Energiewende”. Savings Banks channel customer funds into regional environmental projects. Climate-friendly investments offer the opportunity for generating yield with a clear conscience; they promote a socially-oriented future, and are invested in future-oriented industries. They include private customers, businesses and institutions in their region’s ecological development. Kreissparkasse Heinsberg, a Savings Bank west of Dusseldorf, is an ideal example: local citizens financed the EUR 11 million Tripsrath wind park project through the purchase of Environmental Savings Bonds. 224 customers of Kreissparkasse Heinsberg subscribed to a total of EUR 1.08 million. The three wind turbines are a powerful example of how to combine commercial returns and renewable energy sources.

The three Repower MM92 wind turbines in the Tripsrath project will produce 15 million kilowatt hours of electricity annually – enough to supply 4,000 average households. This is equivalent to carbon dioxide savings of approximately 13,500 tonnes per year. Additional wind power plants are being planned.

Committed drivers of the Tripsrath wind park project which was co-financed by citizens.