But "we now [have] even more need to face the issues of cost reduction and system integration," Gabriel told the industry event's opening press conference.

The German government's recent reform of its Renewable Energies Act (EEG) has given the Energiewende a binding timetable and provides planning and investment security for investors, he stressed.

"In wind energy at sea, we already now see an increased interest of investors that in the short run is being reflected by the granting of orders for a second offshore expansion wave of roughly 3GW."

As