When we look back at the energy landscape from 20 years ago, we can see that much has changed. Take, for example, renewable energies. We generate more and more electricity from renewable energy sources today. However, storage capacities haven’t kept pace.

To this end, a group of young employees who are participating in the Thüga Group’s young leadership talent program worked on an analysis to better understand this situation. SWK commissioned this group with establishing the conditions under which power storage would make sense as a new business model.

A battery storage unit would enable private homes to consume more of the electricity generated by their own photovoltaic system at home. In addition, industrial customers could use these systems for peak-load management. It ist also anticipated that public utility companies could use these storage units to have control energy available.

Unfortunately the analysis determined that the conditions today do not allow for an economically feasible model for consumers and industrial customers. However, the good news is that the situation is different when public utility companies and consumers pool their energies, so to speak. For example, the use of power storage units within neighborhoods could lead to an economically feasible business model.