The European Commission plans to make it easier for member states to invest in transforming their energy systems, allowing additional borrowing of up to 0.3% of GDP for energy-transition spending in 2026, 2027 and 2028 without triggering the excessive deficit procedure.
The president of Germany’s Federal Association for Renewable Energy (BEE), Ursula Heinen-Esser, welcomed the proposal. “If it is adopted, we hope the federal government will also use the financial leeway it gains — up to €27 billion,” she said. “This enormous sum can give the energy transition a clear boost.”
Heinen-Esser argued that the funds could help reduce dependence on oil and gas imports and strengthen the resilience of Germany as an industrial location. Citing the still-unresolved tensions around the Strait of Hormuz, she said the move would be an important signal for the German economy.
