4 FAQs about German energy storage power station form
How does Germany support the development of energy storage facilities?
The Federal Ministry for Economic Affairs and Energy, responsible for energy policy in Germany on the federal level, supports the development of electricity storage facilities. Under the Energy Storage Funding Initiative launched in 2012, funding for the development of energy storage systems has been provided to around 250 projects.
What is energy storage in Germany?
acilities in GermanyLegal and regulatory framework for electricity GermanyThe storage of electrical energy is a key element in building an electricity arket that aims to eventually generate power solely from renewable sources. Energy storage facilities perform a buf
What is the business model for a German energy storage system?
Therefore the business model for a German energy storage system is slightly different to business models in other markets. The key business models in Germany comprise: Improvement of reliability of electricity supply for industrial production.
Are electricity storage facilities legal in Germany?
There is no separate legislation on electricity storage facilities in Germany. German law regards electricity storage facilities as consumers of electricity.