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With a turnover of over 15.7 billion euros, and a 46 percent growth increase in comparison to 2022, the energy storage sector''s expansion in Germany continues at a fast
How big is the energy storage industry in Germany?
With a turnover of over 15.7 billion euros, and a 46 percent growth increase in comparison to 2022, the energy storage sector’s expansion in Germany continues at a fast pace, according to industry data released by the German Association of Energy Storage Systems ( BVES ).
What percentage of home solar PV in Germany comes with battery energy storage?
Almost 70% of home solar PV in Germany comes with battery energy storage attached and the country’s residential storage market represented around 2.3GWh of installed capacity by the end of 2020.
Who makes home battery storage systems in Germany?
A home battery storage system from sonnen, one of Germany’s largest providers. Image: Sonnen. The German energy storage market continued to be dominated by the residential segment in 2021, although utility-scale battery revenues grew by nearly six times year-on-year, according to new figures from the national storage association.
How many battery storage systems are there in Germany?
According to newly-published figures, there are now more than 300,000 battery storage systems installed in German households, with the average installation representing around 8kWh of capacity in 2019, and about 8.5kWh in 2020.
Where do energy storage statistics come from?
The statistics come from a report into the market by Energie Consulting, which was commissioned by Bunderserband Energiespeicher (BVES), the German energy storage association.
How much power does a household storage system have?
The toal capacity of household storage devices now has reached about 6 gigawatts, roughly equal to the capacity of Germany’s pumped hydroge storage installations, the association said. However, BVES head Urban Windelen said that the sector isn’t reaching its maximum potential due to the shaky political framework.
