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A lack of storage facilities is becoming a bottleneck in the power grid. This costs customers a lot of money - and endangers grid stability.
Without massive construction of battery storage facilities, Germany will miss its expansion targets for renewables. However, the uncertain legal situation is massively slowing down the construction of storage facilities. Benedikt Deuchert from Kyon Energy explains why storage-specific legislation is needed and what it should take into account.
When the wind doesn't blow and the sun doesn't shine, it would be good in the electricity market of the future for large-scale storage facilities to collect surplus electricity. But Germany is lagging far behind in this respect. Too far behind, some think.
Battery storage developer Kyon Energy plans to implement storage projects with a scope of 600 MW. To this end, the company has entered into a partnership with project developer Obton. Energate spoke with Kyon CEO Florian Antwerpen about the plans, the economic prospects for large-scale batteries and the regulatory hurdles.
Large battery storage systems are an important pillar of the energy transition and are becoming increasingly popular. But there are still a number of regulatory hurdles, says Florian Antwerpen, CEO of Kyon Energy, in an interview.
On March 15, the European Commission published the new proposal for the reform of the electricity market design. With this, it has sent a strong signal for the expansion of storage in Europe and is increasing the pressure at national level.