Achieving global and national climate targets. The expansion of renewable energies in Germany is central to achieving global and national climate targets. Increasingly renewable electricity generation is the basis for the decarbonisation of the heating market and the transport sector. In the future, energy supply for industry and aviation can also become climate-neutral through the generation of hydrogen and electricity-based energy sources. Renewable energies in Germany By now, renewable energies like hydropower, wind energy, photovoltaics, solar and geothermal energy as well as the use of biomass are highly developed and widespread. Technological advances and economies of scale have reduced generation costs: For example, ground-mounted solar and wind power plants have no cost disadvantages compared to fossil power plants. In 2022, renewable energies covered 46 percent of electricity consumption in Germany. In other sectors, the use of renewable energies was less advanced: In the heating market, the share of renewable energies was 17 percent, in transport 7 percent. Securing the power supply The transformation of the energy system towards the exclusive use of renewable energies is a major challenge. To secure electricity supply, the future energy system must connect millions of electricity producers, storage facilities and consumers across national borders and react flexibly to different weather situations and demands. Power & Renewables: A selection of our services Development and evaluation of energy policy instruments We evaluate and further develop energy policy instruments and measures (e. g. Renewable Energy, WindSeeG, KWKG, BEHG, hydrogen strategy, sector coupling, PtX, coal phase-out, expansion of renewable energies) with a focus on economic costs, feasibility, CO2 and greenhouse gas emissions, supply security and electricity prices. Electricity market scenarios and modelling Based on the Prognos electricity market model we answer key questions related to the future development of the electricity system with regard to electricity generation, CO2 and greenhouse gas emissions, export balance, power plant park, expansion renewable energies and the future electricity market design. Electricity price forecasts We provide electricity price forecasts for wholesale electricity prices (base load, peak load, hourly electricity prices) as well as for end-user electricity prices for different consumption cases (private households, trade, industry, or individual use cases like charging prices for logistics companies). Profitability analyses We perform profitability analyses for assets (wind onshore, wind offshore, photovoltaics, hydroelectric power plants, CHP plants, renewable heat generation, storage, heat supply plants), mergers and acquisitions (M&A) as well as the calculation of market value factors or capture rates of renewable energies and contribution margins. Studies and expert opinions We prepare studies and expert opinions on energy-related topics (security of supply, market design, energy prices, energy and employment, etc.). Public participation and consultations We advise our clients on stakeholder participation and acceptance communication. Our work on this topic Take a look at our latest projects and activities. Electricity price forecast 2023 2023 | Project In the medium and long term, average wholesale electricity prices are above the 2019/2020 level. Our updated scenarios for the vbw. Read more Gas balance: Saving efforts must be intensified 2023 | News If savings continue to be as low as in January and February, the risk of a gas shortage will in-crease in the coming winter. Read more Background paper for a buildings strategy for climate neutrality 2023 | Project How can existing buildings become climate-neutral by 2045? On behalf of the BMWK, we devel-oped scenarios and develop measures. Read more DG REGIO – Evaluation of the European Green Deal ongoing | Project How effective has the EU cohesion policy been in driving green change in Europe? This and other questions are being investigated jointly with COWI, Milieu, and CSIL, on behalf of the European Commission (DG REGIO). Read more 11th Energy Transition Monitoring 2023 | Project Our data shows: As the expansion of renewable energies has been particularly paralysed, a lot still needs to happen in the coming years if Germany is to achieve its energy and climate goals. Read more Regulation of third-party access to heating networks 2022 | Project The EU Commission wants to make third-party access to district heating networks mandatory. We assessed the consequences for Germany and the possible contribution to decarbonisation on behalf of the BMWK. Read more Interview with the Neue Zürcher Zeitung 2022 | News Energy expert Dr Almut Kirchner talks to the Neue Zürcher Zeitung about the Swiss energy system. Read more The world negotiates on climate 2022 | News On Sunday, the 27th UN Climate Change Conference (COP27) begins. Various media sources have picked up on Prognos’ studies and expertise. Read more Electricity price forecast 2022 | Project How will the price of electricity develop over the next few years? A scenario calculation of wholesale electricity prices for the vbw. Read more Climate-neutral electricity sector 2035 2022 | Project This analysis for Agora Energiewende shows how the transformation of the German electricity sector can succeed by 2035. Read more Comparison of the "Big 5" climate neutrality scenarios 2022 | Project Transparency in the climate neutrality debate. A comparison of the "Big 5" climate neutrality scenarios. Read more Decentralised heat supply in a climate-neutral Germany 2022 | Project What role does the heat pump play in a 100-percent renewable electricity system compared to hydrogen heating? An analysis for the Climate Neutrality Foundation. Read more Hydrogen: Energy carrier of the future? 2021 | Project The journey towards climate neutrality is gaining momentum. Hydrogen is a key building block to achieving it. Read more Climate-Neutral Germany 2045 2021 | Project Together with the Öko-Institut and the Wuppertal Institute, we have investigated how Germany can achieve its climate targets even before 2050. Read more Climate neutrality & security of supply in the electricity market 2021 | Project Assessment of the security of supply until 2030 of the scenarios KN2050 and KN2045 from the study "Climate Neutral Germany". Read more EU’s Global Leadership in Renewables 2020 | Project Prognos, together with COWI, CEPS, and Capgemini invent, examines Europe's position and competitiveness in global renewable energy value chains. Read more 8th Monitoring of the Energy Transition 2020 | Project For the eighth time in a row, Prognos reports on the course of the energy transition in Germany and Bavaria until now, on behalf of the vbw - Vereinigung der Bayerischen Wirtschaft e. V. Read more Prognos Charging Report 2020 2020 | Project The Prognos Charging Report 2020 conducted on behalf of EnBW (Energie Baden-Württemberg) provides an overview of the status quo of charging infrastructure. Read more Future of th electricity system II 2018 | Project How can the transition to a power supply based on renewable energies by 2050 be successfully managed? This question is answered by a study for WWF Germany. Read more Climate Path for Germany 2018 | Project How can Germany reach its 2050 climate goals - and under what conditions is that possible? Those are the questions addressed by a study for the Association of German Industry (BDI). Read more Do you have questions? Your contact at Prognos Marco Wünsch Principal View profile Leonard Krampe Project Manager View profile Inka Ziegenhagen Senior Project Manager View profile Axel Bohn Vice Director, Head of Planning & Dialogue View profile About us Prognos – Providing Orientation. Prognos is one of the oldest economic research centres in Europe. Founded at the University of Basel, Prognos experts have been conducting research for a wide range of clients from the public and private sectors since 1959 – politically independent, scientifically sound. Learn more