Calls to extend German solar storage incentive

Share on linkedin
Share on twitter
Share on reddit
Share on facebook
Share on email

Sigmar Gabriel plans to end the scheme when its first term expires. Source: BMWi/Andreas Mertens
German trade association BSW Solar has called for an extension to the country’s PV energy storage incentive programme.

The call comes after it emerged that energy minster Sigma Gabriel plans to end the initiative at the end of this year by which time it will have run its planned three-year lifetime.

BSW Solar said it was “disappointed” by Gabriel’s direction not to extend funding for the programme, which was launched in 2013 to stimulate investment in storage in conjunction with PV and lower the cost of the technology.

According to BSW Solar, the incentive has driven the cost of storage units down by 25%.

But the body said this was just the first stage of the process, and that further funding was needed to achieve full cost competiveness for storage technologies.

It said the government should approve a one-off, three-year funding extension to continue the process instigated by incentive programme. BSW Solar estimated this would cost taxpayers €25 million annually.

Read Next

August 17, 2022
A 230MW battery energy storage system (BESS) from NextEra Energy Resources, part of a large solar-plus-storage project, has come online in California.
August 16, 2022
Chilean utility Colbún has submitted plans for a solar-plus-storage project with a 1.2GWh battery energy storage system (BESS)
August 5, 2022
Bank CIT will be the lead arranger of financing for Swell Energy’s pipeline of behind-the-meter commercial energy storage projects in California.
August 5, 2022
Stem Inc grew revenues 246% in quarter two 2022 and ended the period with a contracted backlog of US$727 million.
August 3, 2022
Iowa’s energy regulator has approved two projects from NextEra Energy Resources including a 300MWh co-located battery energy storage system (BESS) while utility Alliant has turned on a 5MW unit in the state.

Most Popular

Email Newsletter