Is there a future for energy storage in the Czech Republic?

Despite the ongoing discussions, there is no significant development in the area of energy storage. In 2015, the Czech Government adopted the National Action Plan for Smart Grids (“NAPSG”) prepared by the Ministry of Industry and Trade under principles set out in the update of the State Energy Concept, which was also introduced in 2015.

What type of electricity storage is used in Czech Republic?

Batteries and thermal energy storage are the two most commonly used methods of electricity storage for households in the CzechRepublic. 2. What electricity storage projects are anticipated in your jurisdiction in coming years?

Does the Czech government provide subsidies for electricity storage?

However, the Czech government provides subsidies to household projects consisting of photovoltaic panels with electricity storage systems. Batteries and thermal energy storage are the two most commonly used methods of electricity storage for households in the CzechRepublic. 2.

What is the current gas storage capacity of the Czech Republic?

Current capacity is 3.3 bcm and once the ongoing expansion projects are completed in 2022, the country’s total storage capacity available will be almost 4 bcm. This is almost half the current annual gas consumption of the Czech Republic, and such a ratio is very high compared to the level of storage capacity in other countries.

How does the Czech government subsidise photovoltaic panels?

The Czech government subsidises the installation of photovoltaic panels located on domestic properties producing energy for their own consumption and the purchase of co-located energy storage solutions. These subsidies are provided under the “New Green Savings Programme” administered by the State Environmental Fund.

How does the Czech TCTF work?

The Commission found that the Czech scheme is in line with the conditions set out in the TCTF. In particular, the aid will be (i) granted through a competitive bidding process open to all technologies; (ii) limited to 50% of eligible costs of a project; and (iii) granted no later than 31 December 2025.