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Research

Germany’s fundamentals risk: What 50% lower demand growth means for batteries
Market Outlook

4 hours ago

Germany's power demand is forecast to grow 70% by 2040 to meet climate targets. If projected annual demand growth doesn't turn up, average daily price spreads fall and volatility drops. For BESS, lower demand compresses the arbitrage window that merchant revenues depend on. Average annual Day-ahead revenues would fall by €4.5k/MW/year over five years.
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