In Focus: What is currently going wrong with the energy transition?

As the chart shows, the price of lithium - essential for batteries in electric vehicles - has fallen by more than 80% since 2023. In the same period, however, the price of uranium - necessary for the operation of nuclear power plants - has risen by over 100 %.

This extreme divergence is diametrically opposed to the basic logic of the German energy transition. Current market forces are thus pointing to a global trend that prioritizes the need for a stable energy supply.

Obviously, relevant players (including most recently Japan and the USA) are currently setting completely different priorities in their energy policy than Germany. It is no coincidence that major German car manufacturers are already massively reducing their previous expansion targets for e-mobility.