Key points from the briefing “Seizing the clean tech opportunity in Germany” by Zero Carbon Analytics are:
● In 2023 USD 1.6 trillion was invested in energy transition technologies
● Germany invested USD 89.12 billion in clean technologies in 2023, 29% of total EU investment
● Investment in renewables and battery storage could reach up to USD 5.68 trillion by 2050, representing a significant manufacturing opportunity for ready countries
● China, the US and the EU dominate the manufacture of clean technologies, with around 80-90% of global manufacturing capacity. Though China leads on wind and solar, opportunities exist to carve out market share in other technologies such as batteries, heat pumps and electrolysers
● Germany is a European leader in battery and heat pump manufacture. European businesses are calling for a more robust industrial plan to support competitiveness of manufacturing, including for the crucial clean technology sectors
Access the complete briefing here
