Germany Home Energy Storage-Plattform
The study on the value of large-scale battery-based energy storage in the power system in Germany 1 was developed by Frontier Economics and commissioned by Fluence Energy GmbH, BayWa r.e. AG, ECO
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.
What is the German market for home storage systems?
The German market for home storage systems isgrowing rapidly. Within a few years, storage batteries evolved from a niche product to a mass market in which today international energy and automotive companies are competing for market shares.
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.
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.
How much do residential energy storage systems make a year?
The Energy Storage System Association (BVES) report said that residential accounted for around half of the sector’s total revenues last year of €8.9 billion (US$9.51 billion). Within residential, €1.6 billion was battery energy storage system (BESS) and €3.9 billion was thermal storage sales.
What is Sonnen's virtual storage?
sonnen's virtual storage consists of tens of thousands of sonnenBatteries throughout Germany which can be intelligently controlled and used like a large-scale storage facility. The total capacity of this virtual power plant, currently 250 MWh, is growing continuously and is expected to reach 1 GWh in the next few years.