The aim of this study is to descriptively measure and present the progress made towards the defined goals of the “Hamburg 2040” strategy. By selecting and analyzing relevant indicators and comparing Hamburg with other federal states and regions, this report documents developments to date. Particular attention is paid to a North-South comparison, which makes it possible to analyze Hamburg’s reaction to the various crises over time and to make structural changes visible.

This article uses the HWWI-CGE model to investigate how large a drop in the hydrogen price would be as a result of supply shocks. The focus of the simulation is on northern Germany.

According to initial data from the Federal Statistical Office, the German economy started 2024 with a small plus, but the initial situation has not fundamentally changed as a result. On the one hand, the Federal Statistical Office has revised the fourth quarter of 2023 and thus the “statistical overhang” downwards, and on the other hand, the increase in the first quarter is not least due to a weather-favoured increase in the construction industry, which is actually crisis-ridden. In view of the structural problems that have not yet been resolved, the Hamburg Institute of International Economics (HWWI) therefore expects only a moderate upturn for the German economy in 2024 and 2025 and economic growth of only 1/4% and 1% on average.

On Thursday, May 30, 2024, an exciting event on the topic “Future Power Grids: Challenges and Potentials for the Energy Transition” took place at the venue emma am see. Moderated by Dr. Jan Wedemeier, the event gathered around 60 participants who gained insights into the dynamic and complex development of future power grids.