German energy storage’s pivotal moment
Germany’s energy storage market could hit the jackpot if new policies have the desired effect. Lars Stephan joins the show to share his view on the sector’s fortunes.
Policy Dispatch: The FORESIGHT podcast on the policies underpinning the energy transition · Kasper Thejll-Karstensen
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Show Notes
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“I like to say that the German storage market doesn’t work because of policy but despite policy sometimes! Lars Stephan,” Senior Manager Policy and Market Development, Fluence.
Germany’s energy storage market has been up and running for a decade and is just now starting to really ignite and cross some exciting milestones.
More and more projects are starting to be announced, construction is beginning and the German grid is starting to feel the benefit of having power storage backup when it is really needed.
“So if we look at the project scale at the moment, we have about 2 to 2.7 GWh of utility-scale energy storage projects deployed in Germany. And we have about 6.6 GWh of projects under construction that will come online by January 2027.”
Lots of policy changes are under consideration that will impact this market. From removing grid fee exemptions and setting up capacity markets to offering inertia services revenues. If Germany gets it right, the sector could boom. If it gets it wrong…
“Like with inertia, energy storage can be part of the solution, but you need to let us be part of the solution, by defining some kind of market mechanism that provides a price signal for energy storage. So it knows what to do, what not to do, in order to support the grid.”
Joining Sam on this episode of the Policy Dispatch is Lars Stephan, head of policy and market development at energy storage software developer Fluence.
Enjoy the show!
For more on storage, check out:
- Rystad Energy’s global storage outlook;
- ‘Storage needs a loud revolution’, an audio oped by SolarPowerEurope;
- ‘Playing the long-duration storage game’, episode of The Jolt
- Stay tuned for a new in-depth article on storage as well!
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