The Renewable Energy Industry in Germany

Transcription

1 Chris Schmidt - istockphoto The Renewable Energy Industry in Germany Tobias Rothacher Finnish-German Energy Day Helsinki, November

2 I. Renewables in Germany: Status, Policies & Outlook II. III. Key Segments & Investment Opportunities The Role of Germany Trade & Invest

3 Electricity generation [GWh] Germany World Leader in Renewable Energies Strong governmental support lead to strong growth in all renewable energies Development of electricity generation from renewable energy sources in Germany ,000 Hydropower Wind energy 100,000 Biomass * Photovoltaics EEG: January ,000 EEG: April 2000 EEG: August ,000 Amendment to BauGB: November ,000 StrEG: January March , * Solid, liquid, gaseous biomass, biogenic share of waste, landfill and sewage gas; Electricity from geothermal energy is not presented due to the negligible quantities of electricity produced; StrEG: Act on the Sale of Electricity to the Grid; BauGB: Construction Code; EEG: Renewable Energy Sources Act; Source: BMU-KI III 1 according to Working Group on Renewable Energies-Statistics (AGEE-Stat); Image: BMU / Christoph Edelhoff; all figures provisional

4 Germany World Leader in Renewable Energies Key Figures 2009 Leading in PV and Wind Renewables share of 16.4% of electric power consumption Cut of 109 million tons of CO billion revenues 340,000 employees 537 patents registered by German industry Source: BMU

5 Legal drivers for the German RE market Germany voted in favor of the Climate Package (Klima Paket I & II) to meet its objective of a 250Mt CO2 reduction by Renewable Energy Sources Act (EEG) Objective: renewable energies should represent 30% of the total power production in Germany by Conducive feed-in tariffs are the main legal instrument used to promote renewable energies. Added bonuses for innovative technologies and CHP. Renewable Energy Heat Act (EEWärmeG) Objective: 14% of heat produced by renewable energies by Obligation to integrate heat production from renewable sources in new construction or CHP as a substitute. Investment grants of up to 500 million per year to support renewable heat sources between 2009 and Cogeneration Act (KWK) Objective: 25% of electricity produced by cogeneration by Cogeneration bonuses and subsidies of up to 750 million per year from Biofuels Quota Act (BioKraftQuG) Fixed blending mandates for biofuels: From 6.6% in 2006, the government currently aims 12.0% by 2020 Fuel tax exemption for special biofuels (2 nd generation)

6 Industry Outlook Environmental & Renewable Energy industries are expected to be one of the mayor industries in the future Prognosis of turnover of major industries in Germany Env. & RE industry as a share of all industries Environmental & Renewables industry Chemical industry Automotive industry Source: BMU 2009, Roland Berger

7 I. Renewables in Germany: Status, Policies & Outlook II. III. Key Segments & Investment Opportunities The Role of Germany Trade & Invest

8 Industries and Target Segments Fast growing sectors in the market for renewable energies, closed loop recycling and sustainable water technologies formed a new picture of Germany Photovoltaics Germany is the largest PV-market in the world and disposes of one of the most innovative R&D networks. Energy Efficiency Germany is one of the leading markets worldwide in the field of energy efficiency. Wind Energy Germany by far has the world largest wind industry in the world. The offshore sector offers yet additional and large scale growth opportunities. Geothermal The German geothermal market is No. 3 in Europe Bioenergy and Ressources Germany is the leading consumer of bioenergy in Europe. Solar thermal Germany is the largest market for solar thermal energy in Europe and the second largest in the World. Energy Storage and Fuel Cells Germany is the No. 1 market for fuel cells in the EU. Closed Loop Recycling & Sustainable Water Technologies Germany is leading worldwide in those fields. Foto-Quellen: Helmholtz Centre Berlin for Materials and Energy; Copyright Dreadlock/Fotolia; BMU/Rupert Oberhäuser, BSW/Paul Langrock; BMU/Brigitte Hiss; EWE AG / alpha ventus ;Grüner Punkt GmbH, GFZ Potsdam; Schott Solar

9 The German PV Market Germany is the world s leading PV market World PV Installations 2009 in MW 1 German PV Market Japan 484 USA 477 Total installed PV power 9.8 GWp Newly installed PV power 3.8 GWp Spain 69 France 185 Rest of World 768 * Belgium 292 Germany 3,800 (52.8%) Investment in installations 3 12 billion German PV Industry PV manufacturer turnover 9 billion (silicon, wafer, cell, module) Czech Republic 411 Italy 730 Total 7.2 GWp PV equipment supplier turnover 2 billion Number of employees in PV industry 64,600 3 *Additional 100 MW installed but not connected to the grid yet Sources: 1) EPIA 2010; 2) BSW-Solar 2010 est.; 3) BMU

10 The German PV Market 2010: Comparison to 2009 Demand in first four months 2010 vs more than sextupled Installed PV capacity by month [in MWp] 2010 Segmentation (Jan Sept) Up to 30kWp , % 1,112 MWp 14% 698 MWp 4.9 GWp 38% 1,853 MWp kWp % 1,220 MWp Segmentation (Jan Dec) 16% Over 1MWp 17% 100kWp 1MWp 3.8 GWp 44% Up to 30kWp 100kWp 1MWp Over 1MWp 23% kwp Source: Federal Network Agency

11 The German PV Market: Customer Preference Buying decision private customers prefer premium modules Premium Medium class Low price No product class assignable Private user 50.2 % 37.7 % 7.7 % 4.4 % Commercial customer 23.8 % 45.1 % 19.4 % 11.7 % Farmers 17.6 % 31.2 % 33.3 % 17.9 % Especially in the decentralized roof-top segment, which represents 80% of the market, the demand for premium products from private users is high. This segment can be characterized by a certain willingness to pay. n= 220 Source: EuPD Research

12 Industries and Target Segments Fast growing sectors in the market for renewable energies, closed loop recycling and sustainable water technologies formed a new picture of Germany Photovoltaics Germany is the largest PV-market in the world and disposes of one of the most innovative R&D networks. Energy Efficiency Germany is one of the leading markets worldwide in the field of energy efficiency. Wind Energy Germany by far has the world largest wind industry in the world. The offshore sector offers yet additional and large scale growth opportunities. Geothermal The German geothermal market is No. 3 in Europe Bioenergy and Ressources Germany is the leading consumer of bioenergy in Europe. Solar thermal Germany is the largest market for solar thermal energy in Europe and the second largest in the World. Energy Storage and Fuel Cells Germany is the No. 1 market for fuel cells in the EU. Closed Loop Recycling & Sustainable Water Technologies Germany is leading worldwide in those fields. Foto-Quellen: Helmholtz Centre Berlin for Materials and Energy; Copyright Dreadlock/Fotolia; BMU/Rupert Oberhäuser, BSW/Paul Langrock; BMU/Brigitte Hiss; EWE AG / alpha ventus ;Grüner Punkt GmbH, GFZ Potsdam; Schott Solar

13 The German Wind Energy Market Germany s wind energy market 2009 in numbers Cumulative Installed Capacity in Germany and Forecast 2010 (in thousand MW) 1) Total installed wind power 5) : Newly installed wind power 5) : Electricity generation 5) : Total installed wind turbines 5) : 25,777 MW 1,917 MW 38 TWh 21,164 Share of net energy consumption 9) : 7.58 % year-on-year growth rate in ) : 15 % Global market share 2) : ~ 25% 2008 export quota of sales 3) : > 80% Over 2/3 of 2009 newly installed turbines had a nominal capacity of 2 MW or more 9) Employees in Germany 4) : >85,000 Global wind sector turnover 6) : ~ 50 Bn Sources: 1) DEWI/BWE/VDMA in BWE/VDMA 2010; 2) Roland Berger 2007 (!) in BMU 2009: Umweltwirtschaftsbericht 2009; 3) BWE & VDMA 2009: The wind industry in Germany Economic report; 4) BMU 2010a: Bruttobeschäftigung durch erneuerbare Energien in Deutschland im Jahr 2009 (erste Abschätzung, Stand: März 2010); 5) BWE & VDMA 2010: Presseinformation: Jahresbilanz Windenergie 2009 ( ); 6) WWEA 2010 : World Wind Energy Report 2009; 8) BWE 2009: Datenblatt 2008 ( ); 9) DEWI 2010: Status der Windenergie in Deutschland 2010 (Stand )

14 The German Wind Energy Market Development potential due to Repowering and Offshore Potential due to Repowering 1) Offshore Wind Farms Planned until ) Kapazitätsverlust aufgrund Rückbau nach 20 Jahren Betrieb So-called Repowering concept refers to updating onshore wind turbines to become more efficient as technologies advance. The EEG provides bonuses of 0.5 cents ( ) for wind energy facility repowering per kwh respectively. Space for hundreds of OWECs open the market for new and big players. 26 offshore projects with a capacity of >25 GW have been approved, another 19 projects are currently pending approval in Germany. 3) Market area includes UK market Sources: 1) KPMG (2009): Onshore-Windenergie Repowering-Potenziale in Deutschland (Marktstudie) 2) KPMG in VDMA & BWE (2009): The wind industry in Germany - Economic report 2009; 3) Including German Exclusive Economic Zone (EEZ; Status as of June 2007)

15 The German Wind Energy Market Offshore wind energy higher productivity Wind Energy Development in Germany and Forecast Source: BEE

16 Industries and Target Segments Fast growing sectors in the market for renewable energies, closed loop recycling and sustainable water technologies formed a new picture of Germany Photovoltaics Germany is the largest PV-market in the world and disposes of one of the most innovative R&D networks. Energy Efficiency Germany is one of the leading markets worldwide in the field of energy efficiency. Wind Energy Germany by far has the world largest wind industry in the world. The offshore sector offers yet additional and large scale growth opportunities. Geothermal The German geothermal market is No. 3 in Europe Bioenergy and Ressources Germany is the leading consumer of bioenergy in Europe. Solar thermal Germany is the largest market for solar thermal energy in Europe and the second largest in the World. Energy Storage and Fuel Cells Germany is the No. 1 market for fuel cells in the EU. Closed Loop Recycling & Sustainable Water Technologies Germany is leading worldwide in those fields. Foto-Quellen: Helmholtz Centre Berlin for Materials and Energy; Copyright Dreadlock/Fotolia; BMU/Rupert Oberhäuser, BSW/Paul Langrock; BMU/Brigitte Hiss; EWE AG / alpha ventus ;Grüner Punkt GmbH, GFZ Potsdam; Schott Solar

17 The German bioenergy market Germany is the largest consumer of Bioenergy in Europe Final energy consumption of Bioenergy* in the EU-27 in : The German bioenergy industry : Others 15% Denmark 3% Italy 3% Portugal 4% Romania 5% Germany 16% France 15% Export share Plant investments Industry turnover Number of jobs > 15 % 3.0 bn 11.4 bn 109,000 Austria 5% Poland 6% Schweden 12% Investments (el.) bn Spain 6% Finland 9% Investments (th.&fuels) bn Industry turnover bn Total: 799 TWh Number of jobs * Solid biomass, biogas, biofuels, biolocigal fraction of municipal solid waste Sources: 1) German Ministry of Environment (BMU), ) German Bioenergy Industry Association (BBE),

18 Total number of plants The Biogas industry in Germany Within the last 10 years, the number of biogas plants in Germany has more than quintupled whereas electrical capacity expanded >37-times: 7000 EEG 2000 EEG 2004 EEG 2009 Prognosis Accumulated capacity in MWel e Source: German Biogas Industry Association (Fachverband Biogas e.v.),

19 Bioenergy plays an important role in Germany 7.0% of current final energy consumption comes from biomass Share of final energy in Germany [%] Prognosis Bioenergy in the form of Electricity Heat Biofuels e 2030e Source: German Bioenergy Industry Association (BBE),

20 I. Renewables in Germany: Status, Policies & Outlook II. III. Key Segments & Investment Opportunities The Role of Germany Trade & Invest

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