Clean Energy Wire
Summary
The planned expansion of district heating in Germany will require 43.5 billion euros in investment by 2030 to help the country reach its climate targets, said a report by analysis and consulting firm Prognos AG. The report, commissioned by the German Energy Efficiency Association for Heating, Cooling and CHP (AGFW) and the German Association of Local Utilities (VKU), said that the majority of funds (60%) would be needed for the expansion of heating grids, and the rest for renewable heat plants and their connection to the grids. The report highlights that annual state support worth 3.4 billion euros would be necessary for investments and the operation of district heating in the years until 2030.
Currently, however, public support for district heating is funded through the Federal Funding for Efficient Heating Networks scheme, with only 3.5 billion euros earmarked in total untill 2028, said VKU. “The report illustrates the high investment volume that the industry will have to manage in the coming decades,” Werner Lutsch, managing director of AGFW, said. “A suitable funding framework is a central requirement.”
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