Article updated on September Jun 13, 2024
With 60% of power generation coming from renewables, Germany's balcony energy storage installations fall short by 20 million units
Renewable energy generation for Europes first, electric vehicle shipments for the worlds second, these two titles represent Germanys massive installed energy storage potential. On June 6, relevant institutions statistics show that in the fi
 
Renewable energy generation for Europe's first, electric vehicle shipments for the world's second, these two titles represent Germany's massive installed energy storage potential.
 
 
 
On June 6, relevant institutions statistics show that in the first quarter of this year, Germany produced and input power grid for 121.5 billion kilowatt hours, of which 58.4% of the power from renewable energy, once again breaking the record.
 
 
 
Germany's renewable energy generation sources are mainly solar and wind energy. In the first quarter, Germany added at least 50,000 sets of photovoltaic equipment mainly balcony solar panels.
 
 
 
Tide Power Intelligence believes that Germany's first quarter is winter, the sun shines at a very small angle, the quarter's solar power generation is mainly contributed by the solar panels on the balconies of single-family residential homes, apartment dwellers, but less compared to other quarters of power generation. Breaking the record in this quarter indicates that Germany's solar power generation in the second half of this year is expected to achieve a higher breakthrough.
 
 
 
 
 
 
In line with this trend toward self-sufficiency in renewable energy generation in Germany, the need for energy storage systems to ensure a stable and reliable power supply has increased. In turn, the development and deployment of energy storage systems provides the necessary flexibility and resilience in the German power system to further expand the use of renewable energy sources.
 
 
 
The boom in balcony energy storage is a direct result of the demand for energy self-control by German residents.
 
 
 
Relevant data show that Germany now has about 41.3 million households, and so far, more than 400,000 balcony photovoltaic systems have been installed in Germany. If half of the family's purchasing power to calculate, Germany balcony photovoltaic, energy storage equipment to be installed gap is close to 20 million.
 
 
 
In order to achieve the goal of net-zero emissions in 2045, Germany is not ambiguous either in terms of bill support or financial subsidies.
 
 
 
May through the solar energy package "Solarpaket I" and 800W balcony photovoltaic system draft together for balcony energy storage escort. Berlin residents can get a subsidy of up to 500 euros for the installation of photovoltaic equipment, which amounts to half the cost of a set of equipment. This means that the cost of the installation can be recovered through savings in electricity costs after about 3-5 years of use. And the service life of this kit is 20 years, the investment benefit is very obvious.
 
 
 
Data show that Germany installed 555,000 sets of household storage last year, accounting for 52.6% of Europe, with a total installed capacity of 9.5GWh, an increase of 109% year-on-year, accounting for 70% of the total installed capacity of energy storage.
 
 
 
 
 
 
The inevitable situation is that the most profitable track is also the most voluminous.
 
 
 
Deye shares, Renesas technology, Pai energy technology, Ai Luo energy and other plowing European household storage market for many years of Chinese enterprises are expected to continue to profit in Germany by virtue of dealer resources and brand reputation, and in last year's launch of the flagship new product Anker SOLIX X1 household storage system Anker innovation is bound not to let go of the German market.
 
 
 
It is worth noting that German automakers produced about 1.27 million electric vehicles last year, ranking second in the world after China.
 
 
 
As of September last year, Germany had about 51,800 charging stations available to the public and 116,072 fast-charging stations available to EV drivers. By 2030, the German government aims to have one million fully accessible and functioning charging points.
 
 
 
In order to meet the surge in electric vehicle use and the demand for nearly 800,000 additional charging stations, the installed capacity of energy storage systems in Germany will increase significantly.
 
Translated with DeepL.com (free version)
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