BERLIN AND TOKYO, Feb. 22, 2013 /CNW/ - On May 1, 2013 access to one of
Germany's investment incentive programs will be granted, but only to
the bright spark who is able to solve the problem of storage capacity
and the balancing of decentralized power generation.
That problem will feature high on the agenda at the Batteries Japan 2013
convention as well as the Fuel Cell Expo, both happening in Tokyo from
Tuesday February 27 and where Germany Trade and Invest will be explaining why the country's Ministry of Environment so
urgently requires further progress in this area of research.
Germany is pursuing an Energiewende [Energy Transition] policy aiming for de-nuclearisation of the power
grid and a number of reductions in damaging gas emissions by a change
to renewable energies.
"The policy has progressed well, and the increase of fluctuating
renewable capacities is now causing the need for storage and smart grid
expansion," said Tobias Rothacher, Senior Manager Renewable Energies at
Germany Trade and Invest.
The program is aimed to develop solar power batteries which can be
installed and connected in houses at the same time as solar panels.
Assuming this incentive program is successful, a detached house could
save up to 60% of their electricity purchase, reckons the Fraunhofer
Institute, while stored power can be used later or offloaded into the
national energy grid.
"Such batteries not only make customers more independent from the energy
price fluctuations, but the technological advances bring Germany closer
to immunity from the energy and fuel merry-go-round," continued
"There's also the benefit of produced power being stored rather than
being jettisoned expensively -offering further savings to plant
Germany Trade & Invest is the foreign trade and inward investment promotion agency of the
Federal Republic of Germany. The organization advises foreign companies
looking to expand their business activities in the German market. It
provides information on foreign trade to German companies that seek to
enter foreign markets.
SOURCE: Germany Trade and Invest
For further information:
Germany Trade & Invest