Germany could save millions in fuel costs with more energy storage: Ember
According to a report by energy think tank Ember, Germany could have avoided nearly €2.5 million in natural gas imports in June 2024 alone if it had 2GW more battery storage – a 20% increase from current levels. The additional battery capacity would have allowed for shifting midday solar power to the evening, displacing 36 GWh of fossil fuel power. Energy storage technologies are critical for capturing electricity generated from intermittent sources like solar and…