The book presents a comprehensive and systematic account of the concept, the current status and the costs of the German energy transition: the Energiewende. Written by an insider who has been working in the German energy industry for over 20 years, it follows a strictly non-political, neutral approach and clearly outlines the most relevant facts and figures. In particular, it describes the main impacts of the Energiewende on the German power system and Germany’s national economy. Furthermore, it addresses questions that are of global interest with respect to energy transitions, such as the cost to the national economy, the financial burden on private households and companies and the actual effects on CO2 emissions. The book also discusses what could have been done better in terms of planning and implementing the Energiewende, and identifies important lessons for other countries that are considering a similar energy transition.