German outdoor energy storage

Does Germany need energy storage?

The need for energy storage is moving up policymakers’ agenda. The German government launched a strategy on electricity storage in December 2023. In this context, a study by the leading German energy consultancy, Frontier Economics, offers important evidence on the future role of energy storage for the German power system.

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.

Why do people store solar power in Germany?

To date, most battery storage systems in the German electricity system have been used exclusively to optimize self-consumption. Consequently, an exponentially growing number of homeowners and companies store solar power for times when solar generation is low.

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 many battery storage systems were installed in Germany in 2024?

Almost 600,000 new stationary battery storage systems were installed across Germany in 2024, increasing the country’s storage capacity by 50 percent year-on-year, according to preliminary data from the German Solar Industry Association (BSW Solar).

Is Germany a good place to invest in energy storage?

Germany is the European lead target market for energy storage investment. It stands out as a unique market, development platform, and export hub, making it the first choice for companies seeking to enter this fast-developing industry.