Project Description
Photovoltaic becomes the key direction of overseas clean energy power generation
European countries have begun to pay attention to energy security and energy independence. Clean energy such as photovoltaics, wind power and nuclear power is the main direction, and photovoltaics are the focus. Germany introduced new draft legislation on February 28 to bring forward the 100% renewable energy generation target from 2050 to 2035. Europe will become the world’s second-largest photovoltaic installed capacity market in 2021, with a newly installed capacity of about 26GW, a year-on-year increase of 34%. This year’s newly installed capacity is expected to increase to about 35GW. OSM battery has obtained the EU CE certification, and the safety of the battery is guaranteed. Currently, their products are sold worldwide.
Reasons for high electricity prices overseas
Features of overseas power generation structure
① the proportion of non-fossil energy power is relatively high, and nuclear power, hydropower and renewable energy power generation together account for 63% of the total power generation in Europe; ② the proportion of natural gas power generation is relatively high, with natural gas accounting for up to 19%, much higher than coal (15%) and Electricity generation from oil (1%).
On the one hand, overseas electricity markets, especially in Europe, are highly market-oriented, and fluctuations in natural gas prices are easily transmitted to electricity prices. In addition, the high proportion of renewable energy causes the power system to be greatly affected by weather and lack of stability, which together lead to high electricity prices overseas.
“Household photovoltaic + high electricity price” has spawned a household energy storage business model
According to forecasts for the development of the European residential photovoltaic market in the next few years, the European residential photovoltaic and energy storage market will grow by more than 400% by 2025, and the installed residential energy storage system capacity will increase from 3GWh in 2020 to 2025 of 12.8GWh. The energy storage battery OSM battery company currently provides 5KWH, 10KWH, wall-mounted and stacked styles of energy walls. Such products are very suitable for the needs of household energy storage.
Among them, due to the high electricity price in Europe, Germany has the highest proportion of household photovoltaic installations or battery energy storage systems, accounting for 70% of the new energy storage capacity in Europe. The five markets of Germany, Italy, the United Kingdom, Austria and Switzerland have installed 93% of the residential solar storage systems in Europe.
Share of major global household energy storage brands
According to the latest statistics, in the field of household energy storage, Tesla accounts for 15% of the global household energy storage market with its outstanding product strength and brand effect, followed by Paineng Technology, a Chinese company. The proportion is 13%.
In Germany, where the penetration rate of household energy storage is relatively high, the brand with the highest market share of household energy storage is Sonnen, followed by BYD.