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Battery Storage Systems (BESS) in Germany: Key Trends and the Road Ahead • Energy Transition: Germany is pushing for climate-neutral power through renewable energy and battery storage solutions (BESS) Market Trends: • BESS revenues saw ups and downs in 2024, with a dip early in the year due to mild weather, but a strong recovery in Q3, driven by more solar and wind power. Government Support: • The BMWK is promoting BESS through policies, funding research, and supporting new technologies to enhance grid flexibility. • Regulatory Developments: • The Federal Network Agency (BNetzA) is working on market systems for energy storage, with a technology-neutral capacity market expected by 2028. Why BESS Matters: • BESS is crucial for stabilizing the grid, integrating renewables, and meeting Germany’s climate and energy goals. • What’s Next? • Understanding BESS technology and building sustainable business models will be key for success in the evolving energy market. Let’s have views on • How do you think BESS can help speed up the energy transition? • What’s the biggest opportunity for businesses in the energy storage market? #EnergyTransition #BESS #RenewableEnergy #EnergyStorage #Germany #Sustainability #GridFlexibility #ClimateGoals #FutureEnergy

🌍 𝐑𝐞𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 & 𝐎𝐩𝐭𝐢𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: 𝐓𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐖𝐢𝐧𝐝 𝐄𝐧𝐞𝐫𝐠𝐲 𝐰𝐢𝐭𝐡 NeXtWind 🌬️ Germany is a leader in wind energy, with over 28,700 wind turbines on land. However, many of these turbines are outdated. This is where NeXtWind comes in: We focus on repowering & optimization of the energy locations – replacing old wind turbines with modern, more powerful models while working with the communities and latest regulations to extend the usuable area for further innovative green energy production. 💡 Why is this important? In 2023, wind energy already provided 31% of Germany's electricity. But we have even bigger goals: 115 gigawatts by 2030. Repowering & optimization is the key to reaching these goals and driving the energy transition forward. 📈 Our Vision is to produce as much green energy as possible. Our initial goal of 1 GW, quadruppling our size, was already achieved within 1 year instead of 3 years – and we're far from done. Nextwind is ready to take the energy transition to the next level tackling 3GW by 2028! 👉👉 If you want to read more, check out the article here (note: full article only available for Business Insider Plus): https://lnkd.in/en4dFYVS #Nextwind #Repowering #EnergyTransition #WindEnergy #Future

It is important to address existing challenges that affect many of the international investors in Chile and to push for the implementation of political promises, in particular the expansion of the grid. Further on we expect the reduction of lateral costs (e.g. minimo technico and PMGD), which have been multiplied over the last years and are 12-15 times higher than the budget based on the tender.   At wpd, we have been working for over a year on proposals and initiatives aimed at contributing to the public discussion to generate support for correcting market distortions with the goal of achieving a clean, reliable energy industry at competitive prices. #wpd #Chile #renewables #onshorewind #greenhydrogen

🇩🇪 The German PPA Market has quadrupled in 2023. What was the key driver behind this impressive growth ? Find out the answers and get more insights in the latest report on the German PPA market, developed by Pexapark, the German Energy Agency (dena), the Marktoffensive Erneuerbare Energien, and THEMA Consulting Group. Kudos to Dominique Hischier and Conradin Meili for their valuable contribution to this report! #erneuerbareEnergie #energiewende https://lnkd.in/e3aApaTF

German grid costs are to be modified to share the burden, supported by regions with significant growth in renewable energy capacity, with all German electricity consumers.

Renewable energy transition in Germany fails due to Dunkelflauten! > Dunkelflauten can last up to eleven days with little to no solar and wind power generation. > Batteries and pumped storage systems only last for 18 hours. > Backup power plants stand still for 94% of the time. > As a result the price of electricity would rise immeasurable. https://lnkd.in/d6BHzhAg

Focus on the Energy Transition: Integrating Renewables into the Electricity Grid The integration of renewable energies into the electricity grid presents a significant challenge, particularly concerning grid expansion and stability. In March 2023, the EU Commission proposed a comprehensive reform of the electricity market aimed at promoting renewable integration, enhancing competition, increasing flexibility, and ensuring consumer protection. Key elements of this reform include long-term contracts such as Power Purchase Agreements (PPAs) and Contracts for Difference (CfDs), providing investor security and facilitating the financing of renewable energy projects. The reform also encourages a more flexible electricity market through initiatives like flexible demand, aggregated load management, and virtual power plants. A new regulatory authority will oversee the market to ensure fair competition. At RIVEON, we support the integration of renewable energies and grid stability through grid balancing and battery storage solutions. Our technology enables the temporary storage of excess energy from renewable sources, which can be fed back into the grid when needed. Using advanced data analysis tools, we monitor the electricity grid in real-time to identify issues early and implement proactive measures. Let's leverage the opportunities offered by technological advancements and energy innovation. We invite you to take a closer look at our solutions and work together on a sustainable energy future! #EnergyTransition #RenewableEnergy #GridBalancing #RIVEON #Sustainability ⚡ 🌱 🚀

Rheingas and ENVIRIA partner to advance industrial solar power 🤝   We are glad to announce our partnership with Propan Rheingas GmbH & Co. KG, a leading German supplier of liquid gas, to simplify the transition to solar energy for industrial companies throughout Germany. ☀️   Together, we are implementing two large-scale PV systems covering 9,000 m², with a capacity of over 900 kWp. These systems are expected to generate around 1 million kWh of clean electricity annually, resulting in a reduction of over 400 tons of CO2 each year. Further projects, totaling 5,000 kWp, are already in development. 🚀   This collaboration combines Propan Rheingas GmbH & Co. KG’s extensive experience in energy supply, built over nearly a century, with ENVIRIA’s expertise in solar technology. By joining forces, we aim to provide comprehensive and sustainable energy solutions tailored to the specific needs of the industrial sector, facilitating an easier transition towards renewable energy. 🌱⚙️   Read the full press release here 👇 DE: https://lnkd.in/eMKUjm-A EN: https://lnkd.in/eukJb2wP   #solar #renewableenergy #sustainability #energytransition #innovation

"The power plant operator and energy supplier Leag has made way for the future with a loud bang. As the company announced, on Friday, they demolished three impressive cooling towers in Boxberg, Upper Lusatia. In their place, systems for storing electricity will be built. An energy storage facility, including a planned 1000-megawatt storage unit, will thus be essential for the gigawatt factory. The power plant is scheduled to be commissioned in 2029 and will become the largest renewable energy hub in the country" #energytransition #leag #lusatia #mdr https://lnkd.in/dBqiedMg

As we journey further into 2024, it's my pleasure to share a recent feature from the German magazine Zeitung für kommunale Wirtschaft (ZfK) spotlighting Norlys Energy Trading A/S's ambitious entry into the German market. Since our debut last year, we've contracted over 200 MW of solar and wind energy installations, marking just the beginning of our journey. Germany is seen as a key market in Europe, and we are here to stay, focusing on renewable energy trading and direct marketing. Our growth to 220 employees signifies our commitment and capacity to innovate and lead in this vibrant market. Despite the competitive landscape, our approach is not to dive aggressively into the market but to build a balanced and sustainable portfolio. Our aim? To scale our operations, automate processes, and grow our team across Germany and Europe. We believe in contributing innovative solutions to energy challenges in close collaboration with our clients. As we look forward to expanding our offerings and deepening our market understanding, I am excited about the possibilities that lie ahead. Let’s continue powering the future – sustainably. Thank you Andreas Baumer for sharing our story which is available below. Feel free to reach out if you want to discuss how we can help you bring your renewable energy to the market. #RenewableEnergy #Germany #EnergyTransition