“The German residential storage market is booming. But what’s up with commercial?”
The German commercial and industrial, as well as utility-scale storage markets, are surprisingly weak compared to the booming residential storage market, writes Julian Spector for Greentech Media. The weakness comes “in part because of its regionally interconnected grid. It’s not advantageous to buy expensive storage when Germans can sell excess power to any of its many neighboring countries”. This could change with the fast expansion of renewable power sources, writes Spector. Yet “ultimately, the growth of German commercial storage will depend on prices coming down from where they are today”.
Read the article in English here.
Read about utility-scale storage in a CLEW factsheet on Technologies of Energiewende.