aream Press release

Crises and wars can only continue to affect energy prices, the economy and the labour market for as long as fossil fuels remain the dominant factor in price setting. But that is changing: “Wind and solar power plants, with very low variable operating costs, are increasingly displacing expensive gas-fired power stations from their price-setting position – thereby making electricity prices more stable and predictable”, says Patrick Lemcke-Braselmann, CEO of the aream Group. “This effect is already measurable today.”

The PowerOneForOne Foundation is broadening the scope of its international aid work. Having supplied solar power to schools, children’s villages and medical facilities in remote regions around the world for many years, the foundation – established by the aream Group – is now turning its attention to a new priority: battery storage. On the one hand, this serves to ensure the continuity of the aid provided so far; on the other, it also reflects a trend across the entire renewable energy sector. In many countries, access to electricity is generally available – but it is often unreliable. Voltage fluctuations and power cuts pose a particular threat to educational institutions and health centres. This is precisely where storage systems come in: they ensure that energy is available when it is really needed.

Given the fluctuations in green electricity generation, the future lies in combining solar power with battery storage. aream is therefore focusing on hybrid solutions: “They improve cost-effectiveness, stabilise the electricity grid and secure revenue despite volatile electricity prices”, says Patrick Lemcke-Braselmann, CEO of the aream Group.

Political rhetoric surrounding the expansion of renewable energy has intensified in many quarters. “The data, however, tells a different story, as the expansion of clean energy is investment-driven, global and increasingly self-reinforcing”, comments Patrick Lemcke-Braselmann, CEO of the aream Group. This is clearly demonstrated by the new report from the IEA.