Cairo company occupies german energy storage site

How can Egypt store electricity?

Egypt has been looking at a number of ways to store electricity as part of its ambitions to grow renewable energy capacity to cover 42% of the country’s electricity needs by 2030. These include upgrading its power grid and incorporating pumped-storage hydroelectricity stations to help store electricity for future use.

Does Egypt need EEHC & Scatec?

The Egyptian Cabinet has already approved the cooperation agreement between EEHC and Scatec. This decision aligns with the government's commitment to increasing the country's renewable energy capacity. By embracing projects like the solar and battery storage initiative, Egypt aims to diversify its energy sources and reduce its carbon footprint.

How will hydrogen and battery storage work in Germany?

Hydrogen will play an accompanying role in the expansion to ensure the seasonal availability of electricity. Battery storage systems, on the other hand, are the decisive lever for the storage problem - at least in Germany. Lithium-ion technology is particularly relevant in this regard. However, this is (still) comparatively expensive.

Is there a sustainable home storage system in Germany?

While countries such as Italy still rely on back-up storage systems using natural gas, there are few alternatives for sustainable storage concepts in Germany. What's more, the home storage market in Germany is flourishing. Although this is a welcome development, the grid operators cannot access home storage systems.

How many employees are there in Germany's energy storage business?

‘Great result’ And the number of employees in Germany’s energy storage business increased from 14,700 in 2020 to nearly 17,000 in 2021, according to the provisional figures.

How much storage capacity does Germany need?

Experts assume that 12 gigawatts of storage capacity would have to be covered by pumped storage power plants and up to 168 gigawatts by large and small battery storage systems for the German market. These are hard figures that illustrate how multi-layered and complex the energy transition is in practice.