Chris Schmidt - istockphoto. Invest in smart green Germany and join our Energiewende. Tobias Rothacher, Friedrich Henle

Size: px

Start display at page:

Download "Chris Schmidt - istockphoto. Invest in smart green Germany and join our Energiewende. Tobias Rothacher, Friedrich Henle"

Eric Clark
6 years ago
Views:

1 Chris Schmidt - istockphoto Invest in smart green Germany and join our Energiewende Tobias Rothacher, Friedrich Henle Ecosummit Berlin 19 May 2015

2 Agenda I. Investment opportunities in the Energiewende II. How Germany Trade & Invest supports you III. Incentives supporting your business in Germany 2

3 Renewable Energies in Germany Renewables = the game changer Total capacity of renewables (End 2000) ~ 30,000 installations Wind energy PV Biomass The circle diameter is proportional to the electrical capacity. Sources: 50HertzT, TenneT, Amprion, TransnetBW, internal data 3

4 Renewable Energies in Germany Renewables = the game changer Total capacity of renewables (End 2005) ~ 221,000 installations Wind energy PV Biomass The circle diameter is proportional to the electrical capacity. Sources: 50HertzT, TenneT, Amprion, TransnetBW, internal data 4

5 Renewable Energies in Germany Renewables = the game changer Total capacity of renewables (End 2010) ~ 750,000 installations Wind energy PV Biomass The circle diameter is proportional to the electrical capacity. Sources: 50HertzT, TenneT, Amprion, TransnetBW, internal data 5

6 Renewable Energies in Germany Renewables = the game changer Total capacity of renewables (End 2012) ~ 1,300,000 installations Wind energy PV Biomass The circle diameter is proportional to the electrical capacity. Sources: 50HertzT, TenneT, Amprion, TransnetBW, internal data 6

7 The Energy Concept (2010) Main Objectives Climate protection measures GHG cuts vs % -80% Renewable share of 2020 (2025) 2050 Total energy consumption 18% 60% Electricity consumption 35% (40-45%) 80% Heat generation 14% 60% Energy efficiency measures Increase in energy productiveness 2.1% p.a. Reduction of energy consumption -50% (2050 vs. 2008) Reduction of electricity consumption -25% (2050 vs. 2008) Renovation rate Reduction of energy consumption for transportation 2% p.a. -10% (2020 vs. 2005) -40% (2050 vs. 2005) 7

8 Energiewende in Germany Future electricity mix in Germany will be based on Wind and PV. 8

9 EUR/kWh From Grid-Parity to Battery-Parity With further increasing electricity prices and decreasing PV system costs, the business case for storage is becoming better and better. 0,55 0,50 0,45 0,40 0,35 0,30 0,25 0,20 0,15 0,10 0,05 Prognosis ,90 4,70 4,50 4,30 4,10 3,90 3,70 3,50 3,30 3,10 2,90 2,70 2,50 2,30 2,10 1,90 1,70 1,50 1,30 1,10 0,90 0,70 Electricity price for households [2.5-5 MWh/a] Electricity costs for PV* Electricity costs for PV + Battery** * Model calculation for rooftop systems, based on 802 kwh/kwp (Frankfurt/Main), 100% financing, 6% interest rate, 20 year term, 2% p.a. O&M costs ** based on 5,000 cycles, 87% efficiency Sources: System Prices: BSW 2015; Model Calculation: Deutsche Bank 2010; Electricity Prices : Eurostat

10 Grid Parity = Competitiveness Competitiveness of solar = new business opportunities for energy storage, power-to-heat, smart homes,..! 10

11 GW GW GW GW Ensuring Grid Stability in the Future Simulation of German grid in 2022: daily & seasonal fluctuations increase. February (week 6 th ) April (week 14 th ) August (week 33 th ) November (week 47 th ) PV Wind Biomass Fossiles Electriciy demand Source: Agora Energiewende

12 Energy in TWh Power in GW Demand of Energy Storage Seasonal storage will be essential at > 50% fluctuating sources Renew. Share: 43% 68% 88% Balancing... Hours Days Weeks Months Years hours2 days weeks2 month years Source: Gerhardt IWES 2011, ZSW

Expansion of the Electricity Grid in Germany An enormous expansion of the high voltage grid system is required by 2024.

13 Expansion of the Electricity Grid in Germany An enormous expansion of the high voltage grid system is required by Grid Expansion Distance in km DC-New Construction 2,200 AC-New Construction 1,300 DC/AC-Grid Reinforcement 5,200 Expansion and Reinforcement Transmission grid Grid expansion and reinforcement of 8,700 km is required by 2024 Baseline scenario with overhead lines requires: 22 bn * Additionally the connection of the offshore-grid is estimated to bn Source: TSO 2014; * Costs estimates per NEP-Draft GW/12GW wind onshore/offshore 13

14 Payback in years Vast Industrial Energy Efficiency Potential 93 billion EUR investment = 199 TWh economically attractive savings* Economically attractive energy savings potential in German industry in TWh with existing technologies TWh el 7.5 TWh th 8.0 TWh el Savings potential: 42 TWhel/a = 4.9 B energy costs/year 157 TWhth/a = 6.3 B energy costs/year TWh el 0.8 TWh el 3.9 TWh el 59.8 TWh th 79.7 TWh th TWh el 6.5 TWh el 4.4 TWh el 10.0 TWh th Heat 0.4 TWh el TWh el Invest in million EUR Motion Energy Process Process (Pumps, Data Compressed Hydraulics city Electri- Waste Process Heat E-Motors, Lighting Automation Manage- HVAC Water Cold etc.) ment Air Supply Treatment Source: Siemens 2013; * Economically attractive= IRR> 8% Needed: New business models, financial innovation, tech solutions 14

15 Agenda I. Investment opportunities in the Energiewende II. How Germany Trade & Invest supports you III. Incentives supporting your business in Germany 15

16 Germany Trade & Invest Germany Trade & Invest (GTAI) is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. 16

17 Investment Consultancy GTAI supports foreign companies seeking to establish business in Germany. Our free of charge investment consultancy includes: Market and Industry Analyses Tax & Legal Framework Project Management Support Financing and Incentives Location Proposals Market Data Site Evaluation Contact to local Institutions 17

18 Investor Support Services Our Tax & Legal Team assists you in understanding the tax and legal framework in Germany. INCORPORATION What is the procedure for setting up a company in Germany? Does my business activity require a specific license? 18

19 Investor Support Services Our Tax & Legal Team assists you in understanding the tax and legal framework in Germany. INCORPORATION What is the procedure for setting up a company in Germany? Does my business activity require a specific license? Are there local variations of the overall corporate income tax rate in Germany? Can you support us in identifying attractive locations? TAXATION 19

20 Investor Support Services Our Tax & Legal Team assists you in understanding the tax and legal framework in Germany. INCORPORATION What is the procedure for setting up a company in Germany? Does my business activity require a specific license? Are there local variations of the overall corporate income tax rate in Germany? Are there different employment models available? HR Can you support us in identifying attractive locations? How do I register employees with social security? TAXATION 20

21 Investor Support Services Our Financing & Incentives team assists you in finding suitable financing solutions for your investment project. INCENTIVES What financial support does Germany offer to foreign investors? How can I apply for incentives? Are there specific programs for start-up companies and for R&D? 21

22 Investor Support Services Our Financing & Incentives team assists you in finding suitable financing solutions for your investment project. INCENTIVES What financial support does Germany offer to foreign investors? How can I apply for incentives? Are there specific programs for start-up companies and for R&D? Could you provide us with contacts to German banks and/or other financial partners? FINANCIAL PARTNERS How should we approach these partners? 22

23 Agenda I. Investment opportunities in the Energiewende II. How Germany Trade & Invest supports you III. Incentives supporting your business in Germany 23

Incentives in Germany Germany offers various public funding instruments

Incentives in Germany Funding for: Investments Working Capital Research &

following public funding instruments (combinations of instruments usually

24 Incentives in Germany Germany offers various public funding instruments for different economic activities. Incentives in Germany Funding for: Investments Working Capital Research & Development Specific Purposes Personnel Financing supported by any of the following public funding instruments (combinations of instruments usually possible) Public funding instruments: Grants Loans Guarantees Equity Capital Mezzanine Capital 24

Case Study: Skeleton Technologies from Estonia Germany's pioneering role in power electronics, it s highly interconnected R&D infrastructure and the pool of highly trained professionals provide the

25 Case Study: Skeleton Technologies from Estonia Germany's pioneering role in power electronics, it s highly interconnected R&D infrastructure and the pool of highly trained professionals provide the ideal basis for our production facility in Dresden (Taavi Madiberk, CEO) Founded 2009 in Estonia Industry: Energy Storage Target group: B2B Company profile Products: ultra-caps and tailor-made storage modules (5.4V to 128V) R&D location in Tartu, Estonia Manufacturing in Bautzen, Germany Investment: EUR 10 million Production of ultra-caps Project data USP: Superior energy and power density New employees: 110 by the end of 2017 First contact with Germany Trade & Invest: Ecosummit 2012 German openings: Berlin (HQ) and Bautzen (Production) Milestones Products Sep Company formation Jun 2012 Apr Introduction of new SkelCap series ultracapacitor family ranging from 2.47 to kw 3 Raised 2,2 million in Round A financing Start of production in Germany 25

Contact Financing & Incentives Mr. Friedrich Henle T. +49 30 200 099-503 friedrich.henle@gtai.

com Supported by the Federal Ministry for Economic Affairs and Energy on the basis of a decision by the German Bundestag.

26 Contact Financing & Incentives Mr. Friedrich Henle T Renewables, Environment & Resources Mr. Tobias Rothacher T Supported by the Federal Ministry for Economic Affairs and Energy on the basis of a decision by the German Bundestag Germany Trade & Invest GmbH All information provided by Germany Trade & Invest has been put together with the utmost care. However, we assume no liability for the accuracy of the information provided. 26

ENERGY TRANSITION CHANCES FOR GERMAN AND TAIWANESE INDUSTRIES

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 www.gtai.de Agenda 1. Germany