Assessing the Solar Heat business in Germany (part 1 of 2)

In Germany, the Climate Plan 2050 has been augmented by a Climate Protection Program in 2019. This program set the goal of a German carbon neutral economy by 2050, and a GHG emissions cut by 55%  by 2030 (base 1990) as an intermediate goal. Yet, international political tensions added to Germany’ Zero Nuclear Choice have severely delayed Germany’s capacity to reach its 2020 goals. Only 11,5% of the generated heat come from renewable sources of energy : 10% from biomass, 0,9% from geothermal energy, and 0,5% from Solar Heat.

Germany is the third largest exporter of processed food and agricultural products in the world with 71,5 billion euros of sales in 2018. It is important to note that 66% of the revenue of the German Food and Beverage Industry come from the German market. Most of Germany’s exports of processed food and agricultural products is made within the European Union.

Germany has one of the highest Solar Heat capacity installed per capita in Europe with more than 150kW per 1000 inhabitants. But solar heat generation is most developed in the residential market where it is a well-known technology, meaning that the solar heat industry is already well established in this domain.