Will a battery storage system help Czech companies achieve net zero?

The high penetration of renewable generation projects in the region could deliver a large amount of clean energy and really accelerate the journey to net zero, but at the moment Czech companies are not in a position to reap the full benefits of solar and other renewable energy sources. To do so, battery storage will be essential.

Why is the battery storage industry growing in Czechia?

The Battery Storage industry in Czechia is growing rapidly, driven by the country's commitment to renewable energy and sustainability. Key considerations include the regulatory framework, which supports the integration of battery storage systems into the energy grid.

Will the Czech Republic become the fourth largest battery storage market in Europe?

It is forecasted by SolarPower Europe that the Czech Republic will become the fourth largest battery storage market in Europe in 2024, and the residential segment will provide 97% share thanks to the New Green Investments Programme.

Why are Czech businesses investing in renewable projects without subsidies?

The subsidy increases to cover up to 75% of costs for community projects. But what we noticed at Wattstor is that Czech businesses are investing in renewable projects even in the absence of subsidies, because they have realised the strong business case for generating clean energy on site.