Battery storage system –what needs to be done?
Well, it is hard to miss the ongoing debate on renewable energy nowadays. At least if you live in the Nordics. Because nothing is more depressive (besides the lack of sunshine days) than the electricity prizes in 2023.
Battery storage is, therefore, a hot topic for the Nordic market. It is relatively easy to install, with no further trouble handling the product, and an excellent possibility for energy storage when the electricity prices reach its highest peak. The battery solution allows families to hold their energy costs at reasonable levels.
But the road ahead is still long, with many challenges before battery storage can be a reality for more Nordic residents. Here are some thoughts on the problematic situation:
Irregular in pricing and quality
Increased competition within the battery industry due to higher demand for battery storage systems results in irregular pricing on several stages. The consequences are highly daunting for the end users of the product. They have no choice but to refuse the solution for better times due to their lack of influence on the market.
Slow enhancement for residentials
Many people have realized the value of battery storage to decrease electricity costs. But also as a great chance to participate in the transition into renewable energy. However, it takes a lot of effort and requires legislation, policies and more flexibility from numeral instances.
Standard requirements
The lack of measurement over an extended period contributes to vague connection guidelines for different components. All the necessary documentation is applicable only until new regulations come into force, which means a higher threshold for the end users to invest in new sustainable solutions.
Better cooperation between battery actors is necessary
Each company seeks the best benefits for their business. So how will we ever develop more sustainable solutions where renewable electricity plays a central role in our society? Well, it is indeed a matter of cooperation. The battery manufacturers need to effectuate their processes with a more regulative approach to the market. On the other hand, suppliers need more flexibility to provide efficiency in their offers. And finally, it´s requirable for installers to take an active part throughout the process, with a better understanding of the client’s needs.
The future may seem bright, but do we have to wait that long?
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