Germany has one of the largest economies in the world, owing to which it is one of the world’s largest energy consumers. Additionally, Germany is also the second largest gas market in terms of energy consumption after UK among the European countries. Other than coal, Germany does not possess any sizable hydrocarbon reserves. It therefore depends heavily on imports to meet majority of its energy needs. Further, due to lack of domestic hydrocarbon resources, Germany has transformed itself into a world leader with respect to the development of renewable energy technologies. The country has become the world’s largest producer of bio-diesel and the leading generator of electricity from wind.

Germany has a complex gas market with a number of players active in the ownership and operation of distribution, transmission and storage infrastructure. In particular, distribution of gas is highly fragmented with around 700 regional distribution companies.

Germany has a diverse energy mix, while oil holds the largest share of around 33.4%. The increasing supply of natural gas is gradually replacing solid fuels. Natural gas accounts for 21.9% of the total energy sector breakup. The share of solid fuels was around 24.2% in 2009, Renewable sources show an impressive increase of 141% since 1990 and contribute to 10.4% of the total energy mix. Others renewables include accounted for around 10.4% of the total energy mix.


(from GlobalData)