30 Nov '15, 12pm

‘Fair market conditions’ more important than subsidies, says German storage association https://t.co/nOBfwun3vM

‘Fair market conditions’ more important than subsidies, says German storage association https://t.co/nOBfwun3vM

Hegner said while the signal was encouraging, incentives are not its focus. Source: Tesla. A trade association representing some of Germany’s energy storage industry has welcomed the renewal of a support scheme for batteries, but says that establishing “fair market conditions” for storage would be more important. At present, Germany’s federal government offers around €600 per kilowatt (US$634) of new PV installations, or slightly more for retrofits, coordinated by the ministry of economics and technology (BMWi), applicable to lithium-ion battery-based energy storage systems. The scheme had been due to expire at the end of 2015, but last week it appeared there was a reprieve, with Green Party politician Julia Verlinden revealing that energy and economy minister Sigmar Gabriel had confirmed there would be a U-turn and that the policy would stay in place next year . There is ...

Full article: http://www.pv-tech.org/news/fair-market-conditions-more-i...

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