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BMW Group plants stepping up activities in balancing-power market to contribute to grid stability

Green Car Congress

JUNE 29, 2018

Together with other highly-flexible controllable systems in the BMW Group production network, they will contribute to the stability of the public grid outside of the plant. Electricity generation from variable renewable electricity sources (VRE) such as wind and solar power has grown rapidly and is expected to continue to do so.

Grid

Grid BMW Power Powered

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

APRIL 6, 2015

billion of final investment decisions on offshore wind projects in Europe. A continuing sharp decline in technology costs—particularly in solar but also in wind—meant that every dollar invested in renewable energy bought significantly more generating capacity in 2014. Additional to China, Brazil ($7.6 billion), India ($7.4

2014

2014 Renewable 2013 Wind

EV Driven

BMW Group plants stepping up activities in balancing-power market to contribute to grid stability

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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