Roll-Out of Energy Storage in Germany Will Reduce Energy Cost by 12 Billion Euros

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. Additional storage capacity reduces the need for new, high-emission gas plants and increases energy security. The findings underline the urgency for a fast ... Číst více