Unlike fossil fuels, renewable energy is an inexhaustible resource, and technologies are developing to utilize processes for transfer to usable energy. The following types would be considered as renewable energy: Solar energy, wind energy or water energy.
Currently the global energy supply is mainly based on restricted energy sources such as uranium, coal, oil and natural gas and not on lasting sources. The occurrence of these restricted energy sources will soon be exhausted, approximately within the next twenty to thirty years.
According to the IEA (International Energy Agency) and a study by the Federal Government of Germany, it will be possible to cover about 30 percent of worldwide energy consumption with renewable energy by 2030. Furthermore, the study says that by the year 2050 up to 50 percent of the global energy household will be covered by renewable energy sources.
The forecast looks even better for Germany. The Federal Ministry of the Environment predicts that renewable energy in Germany could account for approximately half of total household energy consumption by as early as the year 2020.
Since 2009 the EU has been granting the decree of state regulations to the member states of the European Union if the respective government in each country promotes enterprises that are using the renewable energy sources of solar, wind or water etc. For this reason, it will be expected that up to 20% of the total energy consumption within the European Union will be based on renewable energies by the year 2020.
For the construction of, for example, wind turbines, the Federal Government offers main connection guarantees, decreased reimbursements and tax credits.
To put companies at an advantage, there will be subsidies and tax advantages to motivate organizations to invest in renewable energy. As even more medium-sized to large companies go greener over time, they may take advantage of high tax reductions and benefits provided by the government. Whilst money can be saved, a by-product of all this is an improved image and an increased added-value of the brand name of those companies starting to invest in renewable energy.
Little knowledge about local legal regulations, different deadlines and administrative regulations make it almost impossible for the majority of companies successfully to leverage the potential from renewable energy and the benefits associated with it.
Bureaucratic barriers and terms of references, working orders and unstructured approaches are the main reasons why most projects fail. Foreign companies especially, who don’t have a capable partner providing the necessary industry knowledge, experience difficulties.
There may be many advantages for companies to engage with green energy opportunities in Germany. A changing society and a new awareness of green energy in peoples’ minds, gives companies the chance to achieve high sales and a high return on investment. From a municipal point of view, providers could secure the income from trade tax and delivery tax. Furthermore, jobs are protected, strengthening the economy of the region.
Whichever way you choose to go forward, Counselhouse will support you with the planning, acquisition, and post-acquisition obligations of your project.
With a clear and structured business plan, a long-term perspective with the necessary planning security will be created for all parties; we will guide and help you to take advantage of the benefits associated with renewable energy in Germany.