Sales of residential solar power storage systems in Germany are expected to rocket by almost 20-fold in the next four years, according to new figures.
study commissioned by inward investment body Germany Trade & Invest (GTI)
from research outfit EuPD forecasts a market of 100,000 units by 2018, up
from 6,000 last year, with falling PV-generated electricity prices the “most
significant reason” for this “monumental” commercial growth.
battery is the next logical investment for owners of solar power installations
and whose systems are coming to the end of their 20 year contract lifetime,”
said Tobias Rothacher, senior manager for renewable energies at GTI.
of these systems will still produce electricity even after their 20 year
feed-in tariff period. The system owner can then decide if he wants to waste
this electricity or if he wants to use his low-price electricity rather for
himself by installing a battery system. We believe most people will
decide for the latter.”
calculates there are some 1.4 million PV installations in Germany, over one
million of which are privately owned.
The energy storage issue is an
increasingly high-profile issue in Germany, as a partial solution to
overbuilding expensive HVDC power transmission lines across the country.