The energy transition is a powerful economic driver for the Hanover region. A study by DIW Econ shows that an ambitious energy transition by 2035 would result in additional investments of around €24.9 billion, €14.3 billion of which would directly benefit the Hanover region. This could generate around €9.5 billion in gross value added and create an average of around 4,100 jobs. Local budgets would also benefit significantly, with projected additional tax revenues of around €470 million.
These results demonstrate that climate protection and economic success go hand in hand. By consistently implementing the energy transition and making ambitious investments, the Hanover region can further expand its pioneering role on the path to achieving climate neutrality by 2035.
The economic effects in four sectors were examined: electricity; transport; buildings and heat supply; and industry. Almost 60% of the investments remain directly in the region, strengthening the crafts sector, the construction industry and regional companies in particular. In addition to the measurable economic effects, the energy transition also strengthens innovation, location attractiveness, security of supply and regional value creation.
Official portal of region of Hanover
With around 30,000 students from 125 countries, 17 faculties and 119 degree programs, TU Dresden is one of the leading technical universities in Germany. As a University of Excellence and part of the DRESDEN-concept alliance, it drives innovation and strengthens Saxony as a business location through research cooperations and spin-offs.
But what concrete contribution does the TU Dresden make to regional value creation and employment? Which economic and structural effects can be identified? In our current study, we investigate these and other questions – from direct demand stimulation to long-term growth effects. It becomes clear that TU Dresden is much more than just a university – it is an engine for the economic and social development of the region.
Hamburg attracts many tourists thanks to its central location in Europe and its diverse cultural offerings. The aim of the study by DIW Econ in cooperation with TouristiCon and dwif was to calculate an update of the economic significance of the tourism industry in Hamburg for 2019 using the TSA system on behalf of Hamburg Tourism.
In addition to the tourism industry as a whole, the study also looked at the MICE segment, which consists of business-motivated tourists travelling for congresses, meetings, conferences, training courses, seminars, business events and incentive trips.
Brandenburg is an attractive destination for tourists. According to official statistics, a total of around 5.2 million arrivals and almost 14.0 million overnight stays were recorded in the state in 2019.
As part of this study, an update of the economic significance of the tourism industry in Brandenburg for 2019 was prepared using the TSA system at the federal state level. This is comparable to the previous study, which was prepared for the reference year 2015. In addition, an estimate was made for 2020, a year in which the coronavirus pandemic posed particular challenges for tourism.
The Free State of Bavaria is an attractive destination for tourists. On behalf of the Bavarian Ministry of Economic Affairs, Regional Development and Energy, DIW Econ has for the first time fully assessed the economic importance of the tourism industry in Bavaria using the TSA system.
The calculation was carried out for the years 2019 and 2020. This means that not only the Bavarian tourism industry in the last year before the crisis can be analysed, but also the effects of the Corona pandemic.