Does Germany need energy storage systems?

While around 254 terawatt-hours (TWh) of electricity were generated from renewable energy in Germany in 2022, 600 TWh of electricity are expected to come from renewable sources by 2030. Germany is particularly dependent on a market ramp-up of energy storage systems, especially battery storage systems. What role do energy storage systems play?

Should energy storage systems be included in Germany's power plant strategy?

The power plant strategy for hydrogen-capable power plants recently presented by the German government also emphasises that storage systems should be included. Exemption from grid charges The BMWK's comments express sympathy for the continuation of the current grid fee exemptions for energy storage systems.

Is Germany a good place to invest in energy storage?

While the demand for energy storage is growing across Europe, Germany remains the European lead target market and the first choice for companies seeking to enter this fast-developing industry. The country stands out as a unique market, development platform and export hub.

Why does Germany need more storage capacity?

This leads to considerable energy losses, which drive up the price of electricity. To counter this, Germany needs enormous storage capacities. We already have more than 100 gigawatts of excess solar and wind capacity in the 4 to 5 hours of midday, which is lost without storage.

Why is Germany a good place to study energy storage?

Germany boasts a dense landscape of world-leading research institutes and universities active in the energy storage sector. They work closely together with industry to bring innovations to the market. The federal government supports research and development in the energy storage, hydrogen, fuel cell, and electric vehicle sectors.

What is the energy storage strategy?

The strategy paper provides an overview of the measures and challenges involved in establishing energy storage systems. The energy storage strategy aims to promote the expansion and integration of energy storage systems and thus support the energy transition. By 2035, the energy sector in Germany should be largely free of greenhouse gas emissions.