Page 26 - European Energy Innovation - spring 2018 publication
P. 26

26  Spring 2018 European Energy Innovation

    SOLAR & STORAGE

Solar and Storage – a match
made in clean energy heaven

By Thomas Döring (pictured), Senior Policy Analyst, SolarPower Europe

Like bread and butter, like coffee          price of storage has fallen over 60%     more clean energy can be integrated
           and cream – solar and storage    since late 2014 – and these prices are   into the energy system. New business
           make the perfect pair. Storage   expected to drop another 50-60%          models, made possible by solar and
           extends solar’s power beyond     by 2030, according to IRENA. This,       storage, will catalyse the decentralisation
 the time the sun is in the sky, allowing   combined with solar’s falling costs,     and smartening of the energy system,
 energy producers to use solar 24           means that solar-plus-storage systems    bringing important system benefits
 hours a day, 365 days a year, no matter    are becoming economically more           by unlocking the flexibility potential
 if the sun is shining or not. This opens   and more attractive for European         at consumer level by offering services
 up a whole new world of opportunities      consumers. Today, Germany is one         to grid operators. With storage in the
 for solar, allowing solar technologies     of the fastest growing markets for       mix, European energy prosumers can
 to be used to their full potential.        residential battery storage, close to    make smarter use of their clean energy
                                            100,000 solar storage systems are        by facilitating demand response,
 Although storage has been                  forecasted to be installed by 2018.      ensuring that the energy generated
 developing for decades, solar-plus-                                                 from your solar panels is saved as
 storage solutions are now becoming         These price decreases are largely        back-up and only used when and
 the new standard for clean energy          due to better, more efficient            where you need it the most.
 production. Whether it be large-           technologies as well as an increase
 scale utilities, or small-scale home       in production and commersialisation      This is especially important in the era
 installations – solar and storage will be  of battery technologies. Chemistry
 at the core of the new energy system.      advancements have allowed for              Caserne de Bonne Shopping Centre, Grenoble
                                            better batteries that are smaller and
 Storage has been emerging in               lighter while storing more energy. It
 recent years primarily because it has      is projected that battery storage in
 experienced a steep decline in price,      stationary applications will skyrocket
 similar to the dramatic price drops        from a mere 2 GW worldwide in 2017
 that solar has witnessed in the past       to over 235 GW by 2030.
 decade. In some EU countries, the
                                            With the dropping prices of solar-plus-
                                            storage solutions, more European
                                            citizens will have access to the clean
                                            energy power of these technologies.
                                            We will undoubtedly see an important
                                            increase of energy prosumers – citizens
                                            that both produce and consume their
                                            own energy – as solar and storage
                                            offer opportunities to decrease
                                            European citizen’s energy bill while
                                            increasing predictability of their
                                            energy supply. With solar panels on
                                            your roof and batteries in your home
                                            or electric vehicle, you can have an
                                            uninterruptible supply of clean energy,
                                            therefore reducing reliance on a
                                            fluctuating energy market.

                                            As more and more energy consumers
                                            become energy prosumers, more and

                                                                                     www.europeanenergyinnovation.eu
   21   22   23   24   25   26   27   28   29   30   31