German energy storage smart grid

What industry is smart grid a part of?

Smart Grid forms part of the Energy industry, which is the 16th most popular industry and market group. If you're interested in the Energy market, also check out the top Energy & Cleantech, Renewable Energy, Recycling, Oil & Gas or Energy Efficiency companies. Develops SF6-free gas insulated switchgear technologies

What percentage of Germany's energy grid is distributed?

The distribution grid accounts for 98 percent of the German grid. As regards the distribution grid operators (DSO) 20 percent of them have a market share of 60 percent. For most of them one of the major energy companies in Germany is their majority shareholder.

How much does Germany spend on EV and stationary battery research?

Germany spends between EUR 80 million and EUR 85 million every year on public research and development incentives for EV and stationary battery research. As the European lead market in the energy transition age, Germany offers opportunities for companies to develop, test, define, and market new energy storage solutions.

Why is Germany the first choice for energy storage companies?

Germany stands out as a unique market, development platform and export hub for energy storage companies. 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.

What is easy smart grid?

Easy Smart Grid develops smart grid solutions for better energy management at lower cost. Our technology enables real time markets to integrate more volatile renewables (sun, wind) at lower cost.

Are smart grid solutions addressing grid management a market potential in North Rhine-Westphalia?

Given the structural conditions in both states smart grid solutions addressing grid management in areas with large industrial centers may find higher market potential in North Rhine-Westphalia. Regarding the market growth in segments such as electric vehicles and PV-systems business cases for the use of smart meters are given.