EV market, energy transition

Danny Stephens from Germany Trade & Invest shared some interesting insights into the ongoing energy transition in Germany.

Starting from a base of 5% renewable energy, Germany is currently sitting on 38% of all domestic demand being met by renewables. Stephens is clear that this is good progress but there is still a way to go if the German government is to reach its target of 80% renewable energy by 2050.

Challenges to meeting that goal include the intermittent nature of renewable energy and the real challenges of integrating it into the grid. This makes getting storage and grid optimisation functions spot on even more important.

Hear what he has to say here: