Divestment: Deutsche Bank wants out of coal financing
Published
According to information from SPIEGEL ONLINE, Deutsche Bank does not want to put any more money into mines and power plants. Existing loans in projects are to be gradually reduced.
Thuringia is making six million euros available this year for investments in municipal climate protection. The funding comes from the state's "Climate Invest" program, which has already kick-started more than 15.5 million euros in investments in municipalities since the start of 2018, the Environment Ministry announced in Erfurt on Thursday. 312 funding applications have been approved.
At the same time, Siegesmund encouraged Thuringian municipalities to take part in the nationwide "Climate Active Municipality 2020" competition. The Federal Ministry for the Environment has started a new round in the competition of ideas for climate protection. Cities, counties and municipalities are called upon to submit exemplary ideas. Prize money totalling 25,000 euros awaits the winners.
Timber construction creates living space in the city
In the article, Susanne Jacob-Freitag presents the tallest and largest timber buildings worldwide, as well as the unique selling point of timber buildings in urban areas and their cost advantages.
It was to be the first 6-storey wooden building in NRW, now 5 storeys are being realised as student accommodation with 32 units in passive house standard. The building is located not far from Bonn's main railway station and is implemented with a car sharing concept.
However, the regulatory framework remains unsuitable for the widespread market deployment of energy storage systems.
The industry figures published annually by BVES show a fundamentally positive development in retrospect for 2020 and in the forecast for 2021. Across all technologies and segments, sales in the energy storage industry grew by over 10 percent to EUR 7.1 billion in 2020.
The growth drivers are the trends towards system integration, flexible sector coupling and electromobility, particularly in the household and commercial sectors. 300,000 home storage units alone are now installed in households and ensure a secure self-supply of green energy in the electricity, heating and mobility sectors. 300,000 home storage units provide 2.3 GWh of green electricity, enough for the annual washing of more than 20,000 households or to drive an e-car around the world more than 170 times.
Urban Windelen, Federal Managing Director BVES: "An addition of over 100,000 home storage units alone in one year is a great result. And at the same time a clear signal that citizens in households, commerce and industry increasingly want to rely on storage technologies to make their energy supply secure, green and cost-efficient. Politicians should finally listen to this signal and provide the highly innovative German storage industry with a suitable framework for its products. Relying solely on grid expansion and squeezing people into an outdated energy system will not be enough for a successful energy transition."
While the household segment was able to grow disproportionately in the Corona year 2020, the industrial and commercial storage segment suffered a decline of around 20 percent due to the pandemic. Germany also continues to evade the international trend towards the increased use of large-scale storage in the system infrastructure. This market segment is stagnating at a low level. The trend towards hydrogen solutions finds a difficult environment in Germany, so that market applications on an industrial scale cannot (yet) establish themselves. In contrast, thermal storage systems are developing well and are increasingly being used in industry in particular, contributing to decarbonisation.
Overall, the industry expects a significant recovery of the storage market in the industrial segment in 2021. The drivers here are flexible sector coupling in the direction of heat, the trend towards electromobility with clever charging solutions including storage, and self-supply solutions with green electricity to green hydrogen.
"Without energy storage, the energy transition is missing something. This is becoming increasingly obvious. Technically, the industry can do pretty much anything. Various technologies for all sectors and all applications are ready and operational. Now all that needs to be done is to finally release the regulatory brakes. Especially if we want to secure and support the domestic technical excellence and high value creation of the industry in Germany and Europe." says Urban Windelen.
The BVES industry figures 2021 are available via this link available.
The occasion for the publication is the international conference ENERGY STORAGE SYSTEMS 2021, organized by BVES in cooperation with Energy Storage Europe and EUROSOLAR e.V.. The two-day online conference ENERGY STORAGE SYSTEMS 2021 will feature parallel discussion panels and workshops on current trends in the storage industry.
Source: PM of the Bundesverband Energiespeicher from
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