Are power storage projects attracting investment in Germany?

Power storage projects, particularly battery energy storage systems (“BESS”), are currently attracting significant investment in Germany.

How reliable is Germany's power grid?

Germany’s power grid ranks among the most reliable in the world, despite an increasing share of fluctuating renewable energy sources. The German energy transition is creating new challenges for the transport of electricity because of its changing power generation structure.

How many battery storage systems are installed in Germany?

Battery Storage Boom: 1.2 Million Systems Installed Notably, battery storage systems, also essential for Germany’s renewable energy transition, constitute a significant component of this ecosystem, with 1.2 million installed systems.

Do battery storage systems need a permit in Germany?

In Germany, in most cases, neither environmental nor energy industry permits are required for battery storage system alone, though it must comply with the regulation on electromagnetic fields (26. BImSchV). Battery storage systems must be registered in the market master database (Marktstammdatenregister).

Is battery storage a trend in Germany?

Remarkably, this share surged to 77% in 2023, indicating a significant upward trajectory of the trend toward combining PV residential rooftop systems with battery storage in Germany. To date, most battery storage systems in the German electricity system have been used exclusively to optimize self-consumption.

How big is Germany's electricity market?

Germany is Europe’s largest electricity market with an annual power generation of about 430 TWh and a capacity of about 270 GW. More than one thousand market participants are active in the fully liberalized market, with new market actors – who do not own power plants or supplier networks - successfully entering the domestic electricity market.