ENERGY & CLIMATE
WHERE WE PLAY
Ideas, Innovations and Engineers are the backbone of German prosperity. The "Prosperity for Everyone" as described by Ludwig Erhard and the success of the social market economy of the past seventy years are inconceivable without the successful German industry. This German model of success also became the blueprint for China and its economic growth and increasing prosperity. This illustrates the special importance and responsibility for German decision-makers in the further development and de-carbonization of the industrial model "Made in Germany". Smart energy solutions are of crucial importance for success in the age of renewable energies.
Primary Energy Consumption in Germany 2018
Germany is the first industrialized country in the world to switch its energy supply entirely to renewable energies. Therefore, Germany will phase out the use of nuclear and coal fired power plants in the coming years. A look at the numbers show the true size of the challenge. Germany already produces more than 40% of its electricity from renewable energies and aims to increase this share to over 65% by 2030. This is associated with a great effort. However, electricity consumption only makes up part of the total energy requirement in Germany. A look at the total primary energy consumption shows the long way to climate neutrality for all sectors.
Market
Fundamentals
Electricity Generation Sources
Merit Order
Power Price
Coal / Power Price Correlation
Market
Dynamics
Market
Flexibilities
65% Renewable Energies in 2030
Flexible Consumers are Key to Succeed
Balanced Compensation Schemes