Luxembourg city iceland energy storage frequency regulation

Why is energy storage important in Germany?

The key driver for the development of energy storage in Germany is the Energy Transition (Energiewende) and the ambitious national targets to increase the share of renewable energy sources in the generation market to 60 per cent of final consumption by 2030.

Does energy storage need a regulatory framework?

However, for storage to realize its full potential, a robust regulatory framework is needed. In the European Union (EU), the role energy storage plays in EU power markets will be formally recognized in the Electricity Market Design Directive (recast), which is expected to be adopted in Q1/Q2 2019.

How many large scale battery storage systems are there in Germany?

At present, more than 20 large scale battery storage systems (1 MW to 48 MW) are operating in Germany, and several large scale systems are expected to be commissioned in the next 24 months. On the residential side, around 385 MW of battery storage has been installed to date.

Do we need a legal framework for electrical storage?

There is a need to establish an appropriate legal framework particularly in light of the number of new initiatives coming forwards. For example, EDF has presented a major electrical storage plan with the objective of becoming the European leader in the sector by 2035.