German International Energy Storage Frontier
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Dr. Christoph Gatzen, Director at Frontier Economics, sees the study results as clear indicators for the future role of storage in Germany: Large-scale battery storage is critical for the energy transition in Germany. Without the flexibility provided by storage, the country will face higher economic costs
Does Germany need energy storage systems?
While around 254 terawatt-hours (TWh) of electricity were generated from renewable energy in Germany in 2022, 600 TWh of electricity are expected to come from renewable sources by 2030. Germany is particularly dependent on a market ramp-up of energy storage systems, especially battery storage systems. What role do energy storage systems play?
How will Germany's energy storage system work?
The project, one of the largest in continental Europe, will increase flexibility in the power system and support lower electricity prices for end-users. The energy storage system will have enough capacity to power approximately 60,000 German households for a 2-hour period.
Why has Germany lost its leadership status for energy storage?
While Germany continues to set the pace for the integration of PV and wind in Europe, it has lost its leadership status for energy storage to the UK and Ireland. One reason for this is that energy storage has not been high on policymakers’ agendas in Germany for many years.
What is the value of an accelerated storage rollout in Germany?
The value of an accelerated storage rollout in Germany is staggering. This has been confirmed by a study by the German energy consultancy Frontier Economics. Storage capacity will grow 40-fold to 57 GWh by 2030 with a cumulative power rating of 15 GW, leading to €12bn added economic value by 2050.
How big will Germany's storage system be by 2030?
The output of large-scale storage systems in Germany is predicted to increase to 15 GW / 57 GWh by 2030, driven by sharply falling costs for battery storage and a constantly growing demand for flexibility in the electricity system. This corresponds to a forty-fold growth in the storage capacity compared to today’s 1.4 GWh.
Will large-scale storage increase in Germany by 2050?
According to the study, the volume of large storage in Germany could increase to 60 GW / 271 GWh by 2050, proving the importance of large-scale storage for the electricity system in the future.