Germany
With a power score of 2.91, Germany ranks number 2 among developed markets and number 2 in the global power ranking.
- Developed markets
- Europe
2.91 / 5
Power score
+4 places
Global power rank change
Overview
Germany has a power score of 2.91, which puts it at rank 2 in the global power ranking, and rank 2 in the developed markets power ranking. In comparison to 2021, Germany has improved in the power rankings by 3 places, from rank 5, to rank 2.
At 2.91, the power score of Germany is better than the regional average of 2.18 in the Europe region.
Regional power score comparison
Power
Power policy
Germany implements policies in 3/6 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Feed-in Tariff, Net Metering, Import tax incentives, VAT incentives.
Power policies
Power prices and costs
The average electricity price in Germany has dropped from 300.92 USD/MWh in 2021 to 296.69 USD/MWh in 2022. Since 2017, the average electricity price in Germany has fluctuated between 261.5 USD/MWh (2019) and 300.92 USD/MWh (2021).
Power market
The top amount of capacity installed in Germany in 2022 was in Solar PV at 28.28%, up from 25.98% in 2021.
Installed capacity (in MW)
Electricity generation (in GWh)
The largest electricity generating technology in Germany in 2022 was Coal, generating some 32.25% of electricity, up from 28.93% in 2021.
Investment in clean energy in Germany was around $7870.78 million in 2022, a decrease of 14.35% from 2021 ($9189.63 million). Between 2017 and 2022, the highest investment in clean energy was in 2017 at $14134.04 million, while the lowest was in 2019 with $2931.98 million.
Utility privatisation
Which segments of the power sector are open to private participation?
Type
Question
Availability
Wholesale power market
Does the country have a wholesale power market?
Doing business and barriers
Type
Question
Availability
Currency of PPAs
Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
Type
Question
Availability
Bilateral power contracts
Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
Type
Question
Availability
Fossil fuel price distortions - Subsidies
Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
Type
Question
Availability
Fossil fuel price distortions - Taxes and carbon prices
Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
Transport
Transport policy
Germany implements policies in 7/9 transport policy categories tracked by Climatescope, including Clean transport target, National ICE phase-out, EV purchase grant/loan incentive, EV VAT reduction/exemption, EV import tax reduction/exemption, EV income tax reduction/exemption, EV recurring tax reduction/exemption, EV charging infrastructure target, E-bus target.
Transport policies
Type
Question
Availability
Fuel economy standards
Does the country have a fuel economy standard in place?