Germany Steps Towards An Energy Storage Subsidy

German residents could soon receive a subsidy for the excess energy they store through a renewable energy battery system.

A spokesperson for KfW, a bank involved in financing the scheme, told PV Magazine that terms of the subsidy are due for release on May 1st.

Germany’s Federal Environment Ministry will fund the 30 per cent subsidy at an expected cost of $65 million, however this is yet to be finalised.

The storage system is to be used in tandem with distributed solar installations, developed in Germany.

To be eligible for the subsidy, systems must not exceed 30 kilowatts and batteries a warranty of at least seven years.

Another requirement is that subsidised PV installations must give 60 percent of their energy capacity back to the electricity grid.

Despite future subsidies, there are fears that energy storage is still too expensive for many German residents and that the system’s volatility could cause the energy grid to behave erratically.

In the US, SolarCity is combining PV solar with Tesla batteries to explore home energy storage and expects to install 100 systems in 2013.

Advertisment - Learn more

The Author

Motivated and dynamic journalist with a strong interest in sustainable solar powered technology. My work in journalism and new media has provided me with a medium to produce content concerning emerging renewable energy.

×

Mel from North Ryde, New South Wales asked for 3 quotes for solar 2 months ago!

Paul from Doolandella, Queensland asked for 3 quotes for solar 2 months ago!

Stephanie from Footscray, Victoria asked for 3 quotes for solar 2 months ago!

Peter from Dawesville, Western Australia asked for 3 quotes for solar 2 months ago!

Helen from Boynewood, Queensland asked for 3 quotes for solar 2 months ago!

michael from Moorebank, New South Wales asked for 3 quotes for solar 2 months ago!

v from Jerrabomberra, New South Wales asked for 3 quotes for solar 2 months ago!

Jim from Ranelagh, Tasmania asked for 3 quotes for solar 2 months ago!

Jann from Ashmore, Queensland asked for 3 quotes for solar 2 months ago!

Bryn from Keperra, Queensland asked for 3 quotes for solar 2 months ago!

Tracey from Aspley, Queensland asked for 3 quotes for solar 2 months ago!

Nancy from Reservoir, Victoria asked for 3 quotes for solar 2 months ago!

George from Ingle Farm, South Australia asked for 3 quotes for solar 2 months ago!

Greg from Taree, New South Wales asked for 3 quotes for solar 2 months ago!

Shane Keeffe from Birkdale, Queensland asked for 3 quotes for solar 2 months ago!

Haroon from Pemulwuy, New South Wales asked for 3 quotes for solar 2 months ago!

Herry from Pagewood, New South Wales asked for 3 quotes for solar 2 months ago!

Michelle from Aspendale, Victoria asked for 3 quotes for solar 2 months ago!

Donna from Cranbourne, Victoria asked for 3 quotes for solar 2 months ago!

George from Cairnlea, Victoria asked for 3 quotes for solar 2 months ago!