News from 2024-09-12 / KfW Research

KfW Energy Transition Barometer 2024

Energy transition in private households moving ahead despite uncertain environment

The energy transition is making progress: around 13 million households in Germany now use at least one energy transition technology – e.g. an electric car, a photovoltaic system or a heat pump. That is over 1 million more households than the previous year. A further 6% of households are planning to purchase one of the technologies in the next 12 months. This is especially pleasing as approval of the energy transition has fallen in the current survey. Around 82% of households stated that they consider the energy transition to be very important or important – compared to 88% a year earlier. This indicates a certain degree of uncertainty among the population. The KfW Energy Transition Barometer, which is representative of households, continues to show that the focus lies on the economic viability of technologies. In fact, scientific life cycle assessments are now often more positive than those of many households.

KfW Energy Transition Barometer 2024

Press release

Further information on the KfW Energy Transition Barometer

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