Pipelines on the doorstep
Turkish hydrogen as an energy booster for Europe?
By Andrea Sellmann and Mary Abdelaziz-Ditzow
05/25/2023, 12:00 p.m
Dissatisfaction with the economic crisis in Turkey has never been as great as it is these days: the Turkish lira is weak, inflation is high, and then there is the earthquake with its devastating consequences. German companies that are already active in Turkey are coping comparatively well with the current situation. how come Are entrepreneurs used to crises?
The podcast “Wirtschaft Welt & Weit” is about the economic relations between Germany and Turkey today. Does the country need a political change of direction or has the economy already adjusted to another five years under President Recep Tayyip Erdoğan? Where exactly is there potential for cooperation?
Turkey has an abundance of sun and wind – and therefore great potential in the field of renewable energies. If the country succeeds in completely covering its own power supply in this way, Germany could also benefit. In any case, the Turkey expert Thilo Pahl sees great potential that the country could then even export green energy to Europe. “Germany is looking for green hydrogen worldwide, even in distant regions,” says the board of directors of the German-Turkish Chamber of Industry and Commerce in the podcast “Wirtschaft Welt & Weit”: “But Turkey is on our doorstep and is also connected to that via pipelines connected to the European network.” Economic relations between Germany and Turkey are already very close. For Pahl, deepening it further would also be a way of “tying the country more closely to the West via a positive agenda.”
The Turkish population is younger than the German one. Can Turkey be a partner to remedy the shortage of skilled workers in Germany? And what is the potential in the field of energy? Of course, the geopolitical perspective should not be missing either: Turkey is a NATO partner, but also maintains diverse economic relations with Russia. Host Mary Abdelaziz-Ditzow will discuss this and more with Turkey experts Thilo Pahl and Janis Hübner, Asia analyst at DekaBank.
What does Germany have to do in order to still play an important role in the economic world of tomorrow? Who are we dependent on? Which countries benefit from the new world situation? Mary Abdelaziz-Ditzow discusses this in the ntv podcast “Wirtschaft Welt & Weit” with relevant experts.
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