German Businesses Investing Even More in Energy Efficiency

January 11th 2019

GERMAN companies’ recent spending on energy efficiency and their plans for energy efficiency investments are higher than ever before, according to a survey conducted by Stuttgart University.

The university’s efficiency index, compiled by the Institute for Energy Efficiency in Production (EEP) in collaboration with the German energy agency (Dena), the industry association BDI and other institutions, and based on a survey has risen so far to a record 2.24 points over the winter of 2018-2019.

“This means that companies want to save energy again and do something about it […] the energy transition in companies is underway,” the university said in a press release.

Since 2013, the Institute for Energy Efficiency in Production EEP of the University of Stuttgart has been collecting bi-annual current and planned activities of German industry on energy efficiency.

The report discovered that energy efficiency is still very important for companies, with the investments made last year and planned for the next twelve months have risen sharply meaning the total index value is twice as high as six months ago.

“The current mood in the industry is very positive. It illustrates the willingness and ability to act. Reliable energy policy framework conditions are now required that enable consistent implementation of identified measures by industry. This is an opportunity for Germany and for energy efficiency to once again position itself as an important driver and pillar of the energy transition, “ said Prof. Alexander Sauer, Director of the Institute of Energy Efficiency in Production (EEP) at the University of Stuttgart

Around 950 companies from over 20 industries answered the bi-annual questions from the EEI. 65% of large companies reckon or estimate that their energy efficiency practices have been successful.

Three-quarters of all companies are already able to allocate the energy consumption of individual product production. As a result, companies have gained the ability to target the energy efficiency and use of their production processes and hence increase their competitiveness by reducing energy costs.

More than 80% of the surveyed companies consider energy saving an important aspect of their planning and production. For the financial criteria, the highest importance is attached at the investment level, the payback period and the life cycle costs.

Should purchasing energy and planning energy efficiency measures be in combined? Two-thirds of all the companies surveyed think that the tactic makes sense.

However, there is still further potential for German SMEs and micro-enterprises to improve energy efficiency, with only just under half having monitored their energy efficiency efforts so far.

Source: EEP. Picture of The world’s largest coherent chemistry plant BASF in Ludwigshafen, Germany by Gerd W. Zinke – Own work, CC BY-SA 3.0.


Interested in learning more?

Take a look below for some electrifying further reading.

Advantages of Energy-Efficient Upgrades in U.S. Buildings, CAP Analysis Says

January 30, 2019Read More

ACCORDING to a column from the Center for American Progress, the setting of ambitious energy efficiency standards in U.S. buildings can lower energy costs for consumers, encourage job growth, and…

Help for Serbia to Improve its Energy Efficiency – Video

January 29, 2019Read More

VELIKO Gradište in northeast Serbia is home to around 17,000 people. An almost equal number of people from this small municipality live abroad, mainly in Austria and Italy, where they…

Support for Energy Efficiency of Buildings in the Czech Republic

January 23, 2019Read More

THE European Investment Advisory Hub will support CMZRB in designing a dedicated investment platform aiming at overcoming market barriers and stimulating more energy efficiency projects. The European Investment Bank (EIB)…

Total energy saving solutions

Want to ask a question or request more info?

Contact Us