How does Germany support the development of energy storage facilities?

The Federal Ministry for Economic Affairs and Energy, responsible for energy policy in Germany on the federal level, supports the development of electricity storage facilities. Under the Energy Storage Funding Initiative launched in 2012, funding for the development of energy storage systems has been provided to around 250 projects.

Is RWE building a battery storage plant in Germany?

RWE is planning, building and operating innovative combined solar and storage plants in its German opencast mining sites. In addition, the company has won the bid for a long-duration battery storage system (50 megawatts / 400 MWh) in Australia. Construction work on RWE’s largest battery storage project in Germany to date is making swift progress.

What is RWE's largest battery storage project in Germany?

Construction work on RWE’s largest battery storage project in Germany to date is making swift progress. With 690 battery blocks, a storage capacity of 235 megawatt hours and an output of 220 megawatts (MW), RWE Generation is building one of the largest battery storage systems in Germany.

Why is Germany's largest hydropower operator a reliable power supply?

As Germany’s largest hydropower operator, we are thus contributing to a reliable power supply in the south and demonstrating our commitment to the energy transition. The 160-megawatt (MW) power plant has a drop height of 209 meters and can store approximately 850 megawatt-hours (MWh) of electricity in the form of pumped water.

How will a pumped storage power plant contribute to the energy transition?

The company is making a significant contribution to the energy transition and is continuing its corporate transformation towards more renewable energy generation. By storing energy, the pumped storage power plant will contribute to greater security of supply in southern Germany.

Why should we invest in a pumped storage power plant?

By storing energy, the pumped storage power plant will contribute to greater security of supply in southern Germany. This investment is part of our previously announced strategy to invest in growth and transformation towards a greener business.