German Mobile Energy Storage Container DC

Are battery energy storage systems a success in Germany?

BESS in Germany: Booming success with a built-in ceiling? Battery energy storage systems (BESS) are experiencing a remarkable upswing in Germany - and quite rightly so. They offer one of the key need that an energy system increasingly characterised by renewable energies needs: short term Flexibility.

Will Germany add more power storage projects in 2023?

Germany will likely add many more projects in the coming months, as the federal government increasingly focuses on storage solutions. In December 2023, the Federal Ministry for Economic Afairs and Climate Action (BMWK) published its “Power Storage Strategy” to accelerate the development of new capacities.

What is a battery energy storage system?

Currently, most large battery systems (Battery Energy Storage Systems, or BESS) are powered by lithium-ion batteries. Such batteries are favoured especially due to their long life cycle and simple operation. Furthermore, alternative battery technologies are still in development and therefore not yet ready for market launch.

How is a battery energy storage system (BESS) reimagining a business model?

It is in some ways replicating the business model it has used in the UK, Italy, Australia and Sweden so far—entering equity investment and joint development agreements with local development partners to embark on large-scale battery energy storage system (BESS) projects in strategic locations.