On the way to independence
It was foreseeable that fossil fuels would not be able to claim the power market stage forever. Because electricity from renewable energies has been increasing steadily for around 20 years – and in 2022 it almost did 50% of German electricity generation and around 48% of electricity consumption.
But only at the beginning of Ukraine war In February 2022, the market situation took on an unprecedented urgency: Gas prices exploded, taking electricity costs to new heights. Despite state support, the high costs were borne primarily by consumers
to feel.
This turned the tide: From now on, turning away from imported gas (and thus from one of the most important fossil fuels) was no longer just treated as a necessary measure on the way to climate neutrality, but as a question national and European security.
A new status quo
Actors in politics and business took the increased mood of upheaval on the market as an opportunity to once again call for a more independent energy industry to plead. The motto is:
The more energy that can be generated locally, the less has to be bought and imported. And the cheaper the self-generated energy, the less consumers have to pay for it.
Independence in energy production is just one of the arguments for the change that is often hoped for: also with a view to the progressive global warming a realignment of the German energy industry is viewed by many as inevitable.
back with it Renewable energy finally back more into the focus of the discussions
the future of German energy production. Because unlike Russian gas or French nuclear energy, wind, water or solar power can be fed directly into the domestic power grid.
At the same time, renewable energies are making a difference Alternative to German coal power dar, one
of the most polluting energy sources of all: In 2020 alone, power generation from lignite and hard coal in Germany caused approx 126 million tons of carbon dioxide and thus around two thirds of the annual energy-related emissions.
Great potential at low cost
Renewable energies therefore not only offer an alternative to conventional energy sources, but also one Way out of the electricity price crisis.
Because although critical voices repeatedly emphasize the high costs of renewable energies, wind and solar power in particular are among the most expensive cheapest ways of generating electricity :
While in 2021 a kilowatt hour of electricity from hard coal or gas cost between 11 cents and 30 cents, the price for photovoltaics was between 3 and 11 cents and for onshore wind power around 4 cents to 8 cents.
Especially with a view to the sharp increase in gas and electricity costs economic added value of renewable energies clearly recognizable. Because the further the expansion of facilities
progress towards sustainable energy production, the less conventional energy sources have to be used – and the cheaper electricity becomes for consumers.
Also the financial market takes advantage of these developments and drives the expansion of renewables
Energies actively moving forward: More and more private and institutional investors are involved in investments for the construction or operation of one or more plants.
Thanks to increasing demand, the electricity produced there can often be sold with the help of long-term purchase agreements be secured. This creates stable income over the long term
and attractive profit opportunities for investors.
Investments with added value
Especially with the introduction of the ELTIF (European Long-Term Investment Fund) simplified
the EU also allows private investors to make targeted investments in the European real economy.
With more than 40 wind power and solar systems in its portfolio and more than one billion euros in fund assets, the Investment fund klimaVest from Commerz Real* the largest
ELTIF on the German market – after only three years since its launch. Widely diversified across locations and technologies, the sustainable fund offers private investors a long-term investment in the renewable energies segment, with a target return of 3.5% to 4.5%**.
klimaVest is thus making a measurable contribution to the European energy transition – and is already offering investors access to the asset class of tomorrow.