After a brief, pandemic-related alleviation in 2020, the climate goals were once again missed in 2021 and 2022. The war in Ukraine and the energy crisis are further exacerbating the situation because coal-fired power stations are being reactivated.
Germany’s federal government is driving forward the expansion of renewable energies, with an eye to reducing reliance on fossil fuels. The aim is for renewable energies to make up 80 percent of gross electricity consumption by 2030, compared to roughly 45 percent at present. This poses challenges for businesses and the population at large. However, the German government is offering financial resources to create investment incentives and accelerate development. These financial incentives for property owners and investors represent business opportunities in the German market for Swiss companies.
Our short study highlights opportunities in the following six fields of business:
- Heat pumps
- Photovoltaics
- Emergency power capability
- Energy management
- Smart metering
- Energy sharing
