German BESS market profile: Scaling up for the next growth phase

Germany is the largest battery energy storage system (BESS) market in continental Europe. Ambitious decarbonisation goals and the phase-out of nuclear power have driven rapid growth in renewable energy capacity, increasing the need for flexible assets capable of balancing an increasingly volatile power system. As investment activity continues to accelerate, what sets the German market apart from its European peers? Who are the leading developers and investors? And what challenges could affect the sector's growth trajectory over the coming years?