Executives from Europe-based Developers/IPPS Aquila Clean Energy EMEA, Kyon Energy and BayWa r.e. look back at the major energy storage trends in 2023 and ahead to 2024.

A study expects storage capacities to multiply by 2030 — without any subsidies. Berlin wants to support the expansion with a storage strategy.

The energy revolution poses major challenges for power grids in particular. With ever increasing feed-in of volatile renewable generation plants and growing electrical consumption, flexibility in the system must be significantly increased. Storage can play a key role in this.