Introduction
The EU’s Climate and Energy Package was introduced in 2009 to ensure that the region meets its 20-20-20 targets. The EU plans to reduce its GHG emissions by 20% and increase the share of renewable energy consumption to 20%. As per EU’s Effort Sharing Directive launched in 2006, each member country has committed to an indicative 9% reduction in energy usage by 2016 compared to 2005 levels.
Features and benefits
* Analysis of key facets of the EU 20-20-20 targets and Germany's interpretation of the same.
* Benchmarking of Germany's performance against that of other major European countries in terms of energy efficiency and target achievement.
* Analysis of Germany's performance with respect to its set targets for emissions control and energy efficiency.
* Key business opportunities generated by Germany through policies and measures undertaken to achieve its emissions and efficiency targets.
Highlights
Germany shows one of Europe's largest investment potentials for low carbon and energy efficiency. While the rate of energy efficiency improvement has slowed over the recent years, the German government has put in place strong climate protection legislation.
Germany backs its ambitious long-term climate and energy policies with regulatory certainty for businesses, and couples fiscal measures such as the ecological tax reform, vehicle tax and HGV toll based on carbon emissions with generous subsidies and funding, to achieve its 2020 objectives and beyond.
Companies that provide low-carbon solutions such as renewable power generators and infrastructure providers, sustainable building specialists, as well as the transport industryrwill be able to tap into a dynamic market that is bound to grow vastly over the coming years.
Your key questions answered
* Assess Germany's potential for investment in sectors involving energy efficiency and emissions mitigation.
* Analyze trends for energy usage, emissions control and legislations in place in Germany in order to meet its EU 20-20-20 targets.
* Identify sectors with high levels of legislative support and their future outlook.
Table of Contents :
OVERVIEW
Catalyst
Methodology
Executive summary
INTRODUCTION
The European Climate and Energy Package and efficiency targets
EU Emission Trading Scheme
Effort Sharing Decision for sectors not covered in the EU ETS
Binding national targets for renewable energy
Energy Efficiency Action Plan
COUNTRY BENCHMARKING
Overview
COUNTRY SNAPSHOT
Macroeconomic indicators
Energy sector overview
EFFORT SHARING DECISION FOR NON-EU ETS SECTORS IN GERMANY
Targets: Effort Sharing Decision
Action areas: Effort Sharing Decision
Electricity generation from renewable sources: 55MtCO2e per year
Heating reductions in buildings and industrial processes: 41MtCO2e per year
Reduction of electricity consumption: 40MtCO2e per year
Other greenhouse gases: 40MtCO2e per year
Modernization of fossil-fired power stations: 30MtCO2e per year
Transport: 30MtCO2e per year
Combined heat and power generation: 20MtCO2e per year
Use of renewable sources in heat production: 14MtCO2e per year
Future outlook
ENERGY EFFICIENCY IN GERMANY
Target: energy efficiency
Action areas: energy efficiency
Combined heat and power generation
Industry – all sectors
Buildings
Transport
Future outlook
CONCLUSION
Trends for energy efficiency and emissions
Business opportunities due to the ESD targets
Performance and future outlook
APPENDIX
Criteria for increased credit allocation under the Effort Sharing Decision
Sources
Further reading
Glossary
Biofuel
Biomass
Carbon dioxide (CO2)
Carbon dioxide equivalent (CO2e)
Carbon footprint
Carbon offset
Carbon trading
Cleantech
Climate change
Cogeneration
Compound annual growth rate (CAGR)
Emissions trading
Geothermal energy
Greenhouse gases (GHGs)
Hydropower energy (hydro)
Microgeneration
Photovoltaic (PV) and solar thermal energy
Renewable energy
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Datamonitor consulting
Disclaimer
TABLES
Table: Overall EU targets for 2020 (redistribution of non-ETS targets, excluding the Clean Development Mechanism)
Table: Target allocation by country
Table: Energy efficiency targets by country
Table: Germany: size of population, 2006–10e
Table: Germany: GDP (constant 2000 prices, $bn), 2006–10e
Table: Germany: GDP (current prices, $bn), 2006–10e
Table: Germany: GHG emissions by sector with existing measures in place, 2000–20e (MtCO 2 e per year)
Table: Business opportunities arising from government objectives
FIGURES
Figure: Roadmap for energy efficiency and emissions reduction in the EU
Figure: Legislative overview
Figure: Country benchmarking: energy usage (TWh), 2008 vs 2016
Figure: Germany: power generation trend (2005–15e)
Figure: Germany: net power generation mix, 2010
Figure: Germany's Effort Sharing Decision: GHG emissions (2005 vs 2020e)
Figure: Germany: energy consumption by sector (2008)
Figure: Germany has been decoupling economic growth from power consumption since the 1980s
Figure: Germany: GHG emissions targets