Energy Transition may proceed without electricity storage for 20 years – transport, heat and chemicals markets will drive growth

Up to a share of 60% of renewable energy sources in the energy mix, i.e. for the next 15 to 20 years, the German energy transformation can do without new electricity storage facilities, as there are cheaper options to provide the flexible electricity input needed in view of the intermittent nature of renewables. However, new storage technologies like batteries, power-to-heat or power-to-gas will presumably grow dynamically nonetheless, due to rising demand from the transport, heat and chemicals, a new study presented by the energy think tank, Agora Energiewende, says.

Source: energytransition.de

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