ENERGY TRANSITION CHANCES FOR GERMAN AND TAIWANESE INDUSTRIES

Transcription

1 ENERGY TRANSITION CHANCES FOR GERMAN AND TAIWANESE INDUSTRIES THE 17 TH TAIWAN-GERMANY JOINT BUSINESS COUNCIL MEETING Dr. Jürgen Friedrich CEO/Chairman Germany Trade and Invest

2 Agenda 1. Germany s Energy Transition: Investment opportunities in Germany 2. Taiwan s Energy Transition: Investment opportunities in Taiwan 3. How Germany Trade & Invest supports you Germany Trade & Invest 2

3 The growth of Renewables in Germany Providing 36% of electricity consumption in 2017 Total capacity of renewables (End 2000) 2005) 2010) 2016) > ~ , ,000 30,000 installations Wind energy PV Biomass The circle diameter is proportional to the electrical capacity Sources: 50HertzT, TenneT, Amprion, TransnetBW, ZSW, internal data Germany Trade & Invest 3

4 On the generation side, we re well on track Renewable s share on Germany s gross electricity consumption grew faster than expected our infrastructure must adapt accordingly Renewable s share on Germany s gross electricity consumption vs. goals of German Energiewende 90% 80% 70% Renewable s share on Germany s gross electricity consumption Goals of German Energy Concept (as of 2010) 65% by % by % 50% 40% 30% 20% 10% 36% in % by % by % Sources: BMWi, 2018 Germany Trade & Invest 4

5 More renewables require more energy storage Germany Trade & Invest 5

6 Energy Storage: many use cases in Germany Providing grid services, helping industry reduce grid fees, and households increase their own-consumption of cheap PV energy. Utility Industry Private Control Power Redispatch Black-start capability Reduction of grid fees by reducing or shifting P max Increased ownconsumption from PV Increased ownconsumption from PV Special electricity rates for battery swarms Courtesy: Younicos GmbH/Wemag AG, Tesvolt GmbH, Sonnen GmbH Germany Trade & Invest 6

7 leading to market explosion for storage systems Strong growth for private PV-batteries and large-scale grid batteries Installed capacity of PV-battery systems (MWh*) Battery capacity for Primary Control Power (MWh**) k PV-battery systems expected by end of Further 123 MW already in pipeline for Note: * average system size: 6.8 kwh; ** anticipating 1C (1 MW = 1 MWh) Source: RWTH 2017, BSW 2017 Germany Trade & Invest 7

8 More renewables demand more digitalization Germany Trade & Invest 8

9 Digitalization: The new Smart Grid Future generation centers will be far from current load centers. Germany needs to adapt its power structures and expand its grid. [MW] [MW] [MW] Power balance 2014 Power balance 2024 Source: Bundesnetzagentur 2016 Germany Trade & Invest 9

10 The German Smart Meter Roll-Out just started Potential for 3 million new smart meters starting in From 2020 further 47 million. Thereof only ~150k installed today. Smart Meters to be rolled out until 2032 (Number of units) 60,000,000 Producers (CHP & Renewable Energy plants >7 kw) Consumers > 10 MWh/a Consumers < 10 MWh/a 50,000,000 40,000,000 30,000,000 20,000,000 10,000, Source: BMWI 2016 Germany Trade & Invest 10

11 More renewables offer low-cost energy also for heat & vehicles Germany Trade & Invest 11

12 Sector coupling: strong growth for Electric Vehicles Only 0.73% of newly registered vehicles were Plug-in Hybrids or Battery Electric Vehicles in 2016 Electric Vehicles (PHEV + BEV) in Germany (Number of vehicles, ) 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 Dez 11 Dez 12 Dez 13 Dez 14 Dez 15 Dez 16 Sources: IEA 2017, BDEW 2017 Germany Trade & Invest 12

13 and for Public Charging Stations Acute demand for public charging stations. These will potentially also be equipped with batteries as well as with smart grid technologies Electric Vehicles (PHEV + BEV) vs. Public Charging Stations (Number of units, ) 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 Electric Vehicles Public Charging Points 0 Dez 11 Dez 12 Dez 13 Dez 14 Dez 15 Dez 16 Sources: IEA 2017, BDEW 2017 Germany Trade & Invest 13

14 Agenda 1. Germany s Energy Transition: Investment opportunities in Germany 2. Taiwan s Energy Transition: Investment opportunities in Taiwan 3. How Germany Trade & Invest supports you Germany Trade & Invest 14

15 Taiwan s Energiewende is taking off Reduction of coal and phase-out of nuclear + oil-based capacities Strong focus on increasing renewable energies Goals of Taiwan s Energiewende (Electricity generation capacity by fuel sources, share in %) 100% Renewables Gas Coal Oil Nuclear 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Sources: BOE, MOEA Germany Trade & Invest 15

16 Strong RE goals mean strong expansion of RE generators Germany Trade & Invest 16

17 Taiwan PV and wind energy with big potential PV and Wind provided 2% of electricity in 2017 Plan for 15% by 2025 PV and wind power in Taiwan status quo and future goals (Share of Taiwan s gross electricity production, in %) 10% 9% 8% 7% 6% 5% 4% 3% 2% 1% Wind Solar PV 0% Sources: BOE, MOEA Germany Trade & Invest 17

18 Taiwan doesn t start from scratch German companies offer downstream know-how and technology in order to accelerate the implementation of renewable energy projects Installed capacity (MW) Electricity production (GWh) 1800 Wind PV 1800 Wind PV Sources: BOE, MOEA Germany Trade & Invest 18

19 Preparing infrastructure: More renewables demand smarter grids Germany Trade & Invest 19

20 Smart Meter Roll-out just started in Taiwan Ambitious grid development plan until 2030 Planned Smart Meter installations (in 1,000 households) (phase I) (phase II) (phase III) 1000 Sources: BOE, MOEA Germany Trade & Invest 20

21 Taiwan s Smart Grid Industry Development Project Planned investment of 4.7 bn US$ from 2011 to 2030 Planned investments into Smart Grid devices and research activities (Share in %) Smart grid industry 6% Smart grid environment 6% Generation and storage 5% Power transmission 8% Electricity distribution 7% Smart meter 68% Sources: Executive Yuan Germany Trade & Invest 21

22 Agenda 1. Germany s Energy Transition: Investment opportunities in Germany 2. Taiwan s Energy Transition: Investment opportunities in Taiwan 3. How Germany Trade & Invest supports you Germany Trade & Invest 22

23 Germany Trade & Invest One-stop agency for international investors Strategy Decision Implementation Identification of business opportunities Competitor profiling Determination of projectspecific location factors Macro location analysis Preparation and coordination of site visits Cost factor assessment Finance & incentives consulting Information on tax & legal issues Link to business partners, local authorities, and service providers Facilitation of administrative permits Support in negotiating with cooperation partners PR support Recruitment assistance Germany Trade & Invest 23

24 The Role of Germany Trade & Invest Close support throughout the entire investment process Example: Milestones of a typical manufacturing project Months (est.): T Site Selection European location analysis (long list) Detailed site evaluation Initial site visits Re-evaluation of site analysis (short list) In-depth site visit (LOIs) Site Decision. MoU Incentives Incentive comparison Detailed incentives assessment Incentive calculation Negotiation of incentives (LOI) Incentives application Approval of incentives Financing Advice on financial structure Meeting with financing partners Negotiation of Conditions (Term Sheet) Financial agreement Utilities Discussion of utility requirements Utility prices and reliability comparison LOIs for utility supply Engineering Meeting with engineering companies Detailed site matrix (plot analysis) Discussion about infrastructure upgrades Building and Environmental permit Start of construction Germany Trade & Invest 24

25 Germany Trade & Invest Two headquarters in Germany 50 locations worldwide Chicago New York San Francisco Toronto Washington Buenos Aires Caracas Mexico City Santiago de Chile Sao Paulo Berlin Bonn Athens Brussels London Madrid Milan Paris Stockholm Tel Aviv Johannesburg Cairo Nairobi Tunis Dubai Istanbul Belgrade Budapest Bucharest Helsinki Kiev Moscow Prague Riga Warsaw Zagreb Bangkok Beijing Hanoi Hong Kong Jakarta Kuala Lumpur Mumbai New Delhi Seoul Shanghai Taipeh Tokyo Sydney Germany Trade & Invest 25

26 CONTACT US! We power your international expansion Energy Storage Photovoltaics Smart Home Anne Bräutigam Senior Manager Tobias Rothacher Senior Manager T +49 (0) T +49 (0) anne.brautigam@gtai.com tobias.rothacher@gtai.com Friedrichstr. 60 Friedrichstr Berlin Berlin Germany Trade & Invest is the economic development agency of the Federal Republic of Germany. The company helps create and secure extra employment opportunities, strengthening Germany as a business location. With more than 50 offices in Germany and abroad and its network of partners throughout the world, Germany Trade & Invest supports German companies setting up in foreign markets, promotes Germany as a business location and assists foreign companies setting up in Germany. Supported by the Federal Ministry for Economic Affairs and Energy on the basis of a decision by the German Bundestag. Germany Trade & Invest All market data provided is based on the most current market information available at the time of publication. Germany Trade & Invest accepts no liability for the actuality, accuracy, or completeness of the information provided. 26