German firms invest in generating energy themselves

An increasing number of German companies are in the process of decreasing their dependency on external energy suppliers by generating energy themselves. They´re wary of the government´s current course.

More and more German firms are accelerating their investments in the generation of their own energy, the Association of German Chambers of Industry and Commerce (DIHK) said on Monday.

“Every third company in the country is making efforts to generate conventional or renewable energy for their operations,” DIHK President Hans Heinrich Driftmann told the newspaper Frankfurter Allgemeine Zeitung.

He said this trend had become obvious basically across all industries, not least against the background of “growing doubts about future energy security.” The DIHK´s assessment was based on a poll among 2,300 German firms, many of them small and medium-sized enterprises.

Source: Deutsche Welle / CHPA