What is energy storage in Germany?

Energy storage systems are an integral part of Germany’s Energy Transition (Energiewende). While the need for energy storage is growing across Europe, Germany remains the lead target market and the first choice for companies seeking to enter this developing industry.

Is Germany a key market for energy storage?

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

Does Germany need new pumped storage capacity?

Germany’s geographical makeup places significant restrictions on the possibility of developing new pumped storage capacity. This makes the use of new storage technologies and smart grids an imperative. Around 1.7 million solar power plants with a total capacity of approximately 45 GWp (2017) have been installed in Germany over the past 25 years.

Why should companies invest in Germany?

Companies can find a large pool of potential partners to optimize their technology and move it towards commercialization. At the end of 2018, Germany sees a cumulated capacity of around 400 MW of large-scale battery projects. “Germany is paramount to Total as Europe’s largest energy market.

Why is Germany a good location for solar power?

Our chemical arm also has production sites on location in Germany, especially as a supplier for the automobile industry. And last but not least, Germany is an important location for the solar power branch of Total, Sunpower, in Germany’s position as the leading market in renewable energies.” (2014)

How many rooftop PV systems in Germany have a battery?

Only 8 percent of rooftop PV systems in Germany are equipped with a battery today – by 2030 it could be well over 80 percent. In addition to increasing own-consumption of PV electricity, batteries are increasingly used for multiple beneficial purposes