As battery energy storage systems become increasingly crucial to grid resilience and a key driver in the race to achieving the Net Zero target by 2050, the case for energy companies to consider battery storage as a valuable addition to their sustainable investments portfolios is very strong.
In this episode we explore key challenges and opportunities when developing battery storage initiatives in EU markets, regulatory frameworks for battery storage investments and support schemes that make a significant difference to the success of an energy company’s projects.
With its National Hydrogen Strategy from 2020, the German federal government has presented a comprehensive strategy to boost the market ramp-up for green hydrogen and, thereby, to decarbonize the German economy. In doing so, the German federal government recognized early on that the country would be dependent on importing a considerable amount of green hydrogen, especially in the medium to long term. Accordingly, a global hydrogen supplier market will be established in the near future.