Energy storage system market analysis in Germany

Energy storage system market analysis in Germany

Germany is the earliest large-scale household battery market. In May 2013, the German government launched a subsidy program that provides subsidies for energy storage systems installed alongside new or existing solar systems under 30kW. This has propelled Germany into the world's largest market for residential solar and batteries, with installation rates remaining stable even as subsidies have been reduced year by year.

In 2022, the installation rate of rooftop solar cells will exceed 75%, one of the highest installation rates in the world.

Subsidies have supported the market's growth for more than a decade, but they have slowly shrunk and are no longer the main driver. Instead, the market is now driven by customers committed to increasing their own on-site solar consumption, as they can save more than €0.30 per kilowatt-hour by purchasing electricity from the grid, while exporting solar power for less than 0.30 euros per kilowatt-hour. 0.05 euros.

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