BESS and the German energy market with Lars Stephan (Senior Manager of Policy and Market Development @ Fluence)

Germany holds a unique position within the European energy system—serving as a central hub for regional interconnections, boasting a vast behind-the-meter residential storage network, 1.4GW of installed utility-scale storage and much more in the pipeline. With ambitious net zero targets, Germany is paving the way for a cleaner future. But how does its energy market function, and what role does grid-scale storage play?

In this week's episode, Lars Stephan, Senior Manager of Policy and Market Development at Fluence, joins Quentin to provide a comprehensive introduction to the German energy market and the role of Battery Energy Storage Systems (BESS). Throughout the conversation, they discuss:

• An overview of European energy markets and the importance of interconnection between countries for stability.
• The fundamentals of the German energy market, including generation capacity and renewable energy targets.
• Future market reforms for the German system, including the introduction of a Capacity Market.
• The significance of Germany’s residential energy storage landscape and behind-the-meter assets.
• Market access, optimization, and the rise of new players in the German storage sector.

And much, much more.

About our guest

Fluence is on a mission to create a more sustainable future by transforming the way we power our world. Bringing over 16 years of experience designing, deploying, and operating complete energy storage solutions.

Fluence is driving change by opening new markets to storage around the world. For more information on what they do, check out their website.

About Modo Energy

Modo Energy provides forecasts, benchmarking, data, and insights for new energy assets - all in one place.

Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.

All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on the markets in Germany, check out our written research.