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March 11, 2014
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Analyst:
The massive expansion of renewables in the last few years has led to an increase in the volatility of the power supply. As the implementation of the "Energiewende" is one of the crucial issues for the new federal government, this also requires innovative solutions that go beyond traditional technical storage facilities in our view. Looking ahead, the energy revolution may hardly succeed without power-to-gas as power-to-gas as a storage medium could offset the continuing strong increases in the volatilities in power supply. The prospects for power-to-gas are favourable. Experts claim the installation of power-to-gas systems with an electricity generation of 1,000 MW by 2022 to establish an initial market. If in the time thereafter – as we expect – the demand for electricity storage media continues to rise as a result of increasing green electricity quantities and fluctuations, power-to-gas is an appropriate answer to the currently still open question as to a sustainable technical solution. [more]