Is the Czech Republic ready for pumped-storage hydroelectric power plants?

Bulk energy storage is currently dominated by hydroelectric dams, both conventional as well as pumped. There are six localities considered for new pumped-storage hydroelectric power plants in the Czech Republic but public acceptance presents a challenge. Front-of-meter installations in the Czech Republic are mired in regulations.

Will the Czech Republic become the fourth largest battery storage market in Europe?

It is forecasted by SolarPower Europe that the Czech Republic will become the fourth largest battery storage market in Europe in 2024, and the residential segment will provide 97% share thanks to the New Green Investments Programme.

Will a battery storage system help Czech companies achieve net zero?

The high penetration of renewable generation projects in the region could deliver a large amount of clean energy and really accelerate the journey to net zero, but at the moment Czech companies are not in a position to reap the full benefits of solar and other renewable energy sources. To do so, battery storage will be essential.

Will the Czech solar market shift towards larger-scale solar and storage market?

With the residential segment dominating the storage market in the Czech Republic in the coming years, the Czech Solar Association (Solární Asociace) also pointed out that it expects a shift towards larger-scale solar and storage market, given the potential of energy storage in balancing the grid and optimizing energy structure.

Why is Czech energy-accumulation so expensive?

According the report, the main reason is the regulatory framework biased in favor of classical energy models. The Czech Republic is no exception. It is fair to say that none of available energy-accumulation technology is perfect yet, and cost-effectiveness can be reached under specific conditions only.

Why are Czech businesses investing in renewable projects without subsidies?

The subsidy increases to cover up to 75% of costs for community projects. But what we noticed at Wattstor is that Czech businesses are investing in renewable projects even in the absence of subsidies, because they have realised the strong business case for generating clean energy on site.