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The energy transition needs virtual grids

Batteries extend the use of existing grid capacity; they create virtual grids by using the free capacity available in off-peak periods. This will lead to significantly falling grid fees per kilowatt hour. Virtual grids thus further reduce the cost of renewables.

FIRM News Dr. Clemens Wieck

Climate stress tests – where is the stress?

Many banks in Germany and Europe have greatly advanced the development and analysis of climate scenarios as part of capital planning and stress testing in recent years. The basis for this is usually scenarios from the Network for Greening the Financial System (NGFS) or the International Energy Agency (IEA). With a growing understanding of th...

PV-Magazin.com Dr. Uwe Dahlmeier

Solar power with battery storage is cheaper in the grid than without: why the narrative of expensive battery storage endangers more than just the development of photovoltaics.