Investor appetite for the deployment of energy storage is continuing, with Bloomberg predicting installations will reach a cumulative 358GW/1,028GWh of non pumped hydro energy storage by the end of 2030. It is anticipated that the significant deployment seen in some countries such as the UK and US, will be reflected in other jurisdictions looking to increase renewables penetration and energy security whilst meeting stringent decarbonisation targets. However, the specific market structures and dynamics and legal environment can differ significantly. In the first of a series of articles, we reflect on the energy storage position in Germany.
Energy storage trends – Spotlight on Germany
Achieving zero greenhouse gas emissions requires a fundamental restructuring of the energy market, with energy storage playing a major role due to increasing use of renewable energy with its fluctuating…
Energy storage trends – Spotlight on Germany
