On the demand side there is electrification of key markets such as heating and transport as well as increasingly complex interactions between consumers and electricity grids through smart devices. Taken together these present a series of ongoing challenges for national governments to manage their electricity markets and infrastructure.
Energy Storage has the ability to address or mitigate many of these issues by allowing the time of use of electricity to be shifted to meet demand and by virtue of its capability to respond in real-time. This allows intermittent generation to better match demand profiles and allows grid operators to manage infrastructure and supply/demand fluctuations more efficiently.
Recent technological developments and large scale battery production have reduced the technology price to a viable level in many cases. However the regulated nature of market structures in many countries is not set up to optimise the benefits of energy storage due to the rapid development of the technology in recent years. In this context the legal and regulatory issues surrounding energy storage can appear complex, demanding and challenging to navigate.
In addition, the practical relevance of electromobility increases. In the context of energy storage, this is all the more remarkable concerning the fact that the batteries used for electric vehicles eventually contain stored electricity. In this regard, the use of batteries in electric vehicles and, in particular the recharging of these batteries at the designated recharging points, represents a legally fascinating as well as a practically relevant case of usage of stored energy. The questions concerning electromobility in the context of electricity storage are similarly complex and particularly relevant from a legal and energy economic point of view.
We have a specific focus on Energy Storage (including electromobility in particular), with a dedicated team of specialists.
We help our clients to:
- Protect critical information when developing a technology
- Analyse the regulatory framework for operating a storage facility
- Draft and to negotiate contracts in order to construct and to operate the facility and/or the device
- Receive the necessary permits and to carry out administrative procedures successfully
- Finance a project on oneself or together with reliable partners
- Push forward the future of electromobility (e.g. charging infrastructure, integration of e-cars in to grid and smart homes, second life usage of batteries etc.)
If you'd like to know more about how we can help your business, please contact Hermann Rothfuchs or Joshua Partridge.