The invasion of Ukraine and Germany’s dependence on Russian natural gas has drawn attention to the vulnerability of our energy systems.
“A stable energy supply that does not rely on fossil fuel from Russia or other countries is one of the key challenges of the coming years,”
says Zeyad Abul-Ella, says Zeyad Abul-Ella, founder and CEO of Berlin-based HPS Home Power Solutions AG (HPS).
“An energy supply based on solar and wind power is important but cannot function all year round without seasonal electricity storage systems.”
picea from HPS is the world’s first year-round electricity storage system for buildings.
The decentralized generation and use of renewable energy combined with electricity storage is the key to a robust energy system that will minimize the need to import energy. What’s more, seasonal electricity storage generated from renewables makes the cost and availability of energy highly predictable – an important consideration, especially in times when supplies are uncertain and energy prices volatile.