Large-scale battery storage systems are an indispensable piece of the puzzle for the development of an independent and sustainable European energy system. The extensive expansion of renewable energies increases the need for infrastructure and services to ensure the stability of the electricity grid and security of supply. Large-scale battery storage systems are ideally suited to meet this demand and can also be used flexibly and highly profitably for electricity trading on the energy market. To meet 65%* of its energy needs from renewable sources by 2030, Germany will need around 83 GWh of energy storage capacity, of which only 0.45 GWh was installed in 2021. This exorbitant growth (CAGR of 78.6%) in demand for energy storage represents an unprecedented opportunity to invest in the energy infrastructure of the future.
If you would like to learn more about Kyon Energy and the potential of investing in energy storage infrastructure, we look forward to hearing from you.
* The German government recently set a target of 80% renewable energy by 2030
Kyon Energy is one of the market leaders in the field of project development for grid-connected large-scale battery storage in Germany. We have successfully implemented projects with a total volume of over 120 MW and have built up a pipeline of more than 7 GW. Efficient processes combined with a strong network of partners and suppliers are key to the rapid and successful development and implementation of our projects. Kyon Energy covers the entire value chain of project planning, from securing the site to handing over the turnkey storage facility. Our experts are specialized in developing the optimal layout with the appropriate operating strategies. The Kyon multi-use strategy ensures a stable base revenue, while the intelligent marketing of the storage facility on the electricity exchange enables an attractive return. The flexible switching between operating modes makes it possible to react quickly to changing market conditions. In this way, favorable events can be exploited in the short term and, at the same time, new sources of income arising from market and regulatory developments can be tapped in the long term.
We will be happy to provide you with more in-depth insights into the market for energy storage systems, including details on the state of the art, the regulatory framework, risk management and future developments.