The Trend Papers provide you with a quick overview of the background and current developments on selected topics.
As we move towards decarbonization and greater sector coupling, the worlds of photovoltaics, battery storage and e-mobility are becoming increasingly intertwined. This trend was clear to see at The smarter E Europe 2022.
The rapid expansion of photovoltaics means that electricity storage systems are becoming increasingly important. This development is gaining even more momentum thanks to the booming electromobility sector.
Thanks to their particularly low electricity production costs, PV Power Plants are the most important drivers of the photovoltaics market. These are increasingly financed with partners in the industrial sector or energy industry through multiple-year power purchase agreements (PPA). This enables companies to hedge against rocketing electricity prices from fossil and nuclear power plants and take practical steps towards reaching their climate targets.