Allianz Research

Powering ahead:
Global Wealth Report 2025

Can the booming battery sector help Europe with its energy crisis?

Energy storage could help Europe tackle its energy crisis but is overlooked in policies, by 2030 total storage capacity will amount to about 35% of annual average Russian gas imports.

‘Whatever it takes’ reloaded

We estimate that current (median) fiscal support amounts to about 3% of GDP in Europe (more than EUR475bn, on top of the EUR170bn pre-conflict). Unsurprisingly, the fiscal response is somewhat higher in countries with a larger energy-intensive industry and/or greater gas dependence. 

 

Allianz Global Wealth Report 2022: The last hurrah

In retrospective, 2021 might have been the last year of the old “new normal”, with bullish stock markets powered by monetary policy. Households benefitted handsomely: For a third year in a row, global financial assets grew by double-digits in 2021, reaching EUR 233trn (+10.4%).