Deployment of large-scale battery-based energy storage in Germany will result in €12 billion of added economic value and accelerate the energy transition, a new study finds

January 9, 2024

https://www.globenewswire.com/news-release/2024/01/09/2806032/0/en/Deployment-of-large-scale-battery-based-energy-storage-in-Germany-will-result-in-12-billion-of-added-economic-value-and-accelerate-the-energy-transition-a-new-study-finds.html

ERLANGEN, Germany, Jan. 09, 2024 (GLOBE NEWSWIRE) — A study by Frontier Economics – commissioned by Fluence, BayWa r.e., ECO STOR, enspired, and Kyon Energy – provides valuable insights for advancing the energy transition in Germany. The new analysis underlines the pressing need for the electricity storage strategy recently put forth by the Federal Ministry of Economics and urges its prompt completion and implementation.

Read more at globenewswire.com

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