GEM Energy Analytics β’ 319 implied HN points β’ 29 Sep 23
- Solar energy is growing really fast, and it's changing the way we think about energy costs. Europe is seeing a huge increase in solar capacity, with Germany leading the way.
- Batteries, especially large-scale ones and home batteries, are important for storing solar energy, but they still can't keep up with solar growth. More batteries are coming, but their impact is still limited right now.
- Electric vehicles (EVs) can help with energy storage too, but we need better support and smart systems for them to work effectively. Right now, we face challenges in making the most of EVs to store solar energy.