Sep 19, 2013 - The German Energy Storage Association (BVES) said on Monday it demands the development of a new legal framework supporting the rapid expansion of energy storage systems on the German market.
BVES criticised in a letter to several German ministers and representatives the current legal framework, which provides no incentives for the use of storage systems thus preventing investments in storage capacity and technology development. The association demands new market design ensuring flexibility and cost efficiency.
Energy storage systems for electricity, heat and mobility are of key importance to the expansion of renewable power due to the fact that they ensure grid stability and secure energy supply, BVES said in the letter.
According to BVES, the current energy system is inefficient and causes economic damages in billions because the security of energy supply is provided at large costs by inflexible conventional power plants. Accelerated expansion of energy storage would reduce the so-called must-run capacity required from these plants thus lowering expenses and CO2 emissions from fossil power plants.
Choose your newsletter by Renewables Now. Join for free!