Local citizens invited to invest in under-construction Germany BESS, guaranteed 3-3.5% returns

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German companies Energieversorgung Beckum (evb), Westenergie and E.ON Energy Solutions (ESY) have launched construction on a 2.75-hour BESS project in Beckum, Germany, and offered local citizens a chance to invest in it.

The companies said the battery energy storage system (BESS) will help stabilise the power grid, reduce price fluctuations and make renewable energy sources more productive.

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Katherina Reiche, CEO of Westenergie, said energy storage is needed in Germany as more renewables come online: “Especially in summer, the electricity from the sunny midday hours must be made available for the consumption peaks in the morning and evening. Grid-serving battery storage systems make a decisive contribution here: they absorb excess energy and release it again as needed.”

Interestingly, the companies have made the project available as an investment opportunity for local citizens with up to 500 parties able to invest. The opportunity guarantees an annual return of 3.5% for utility customers and 3.0% for non-customers, the announcement said. 

“This is the energy transition in action on the ground,” said Beckum’s mayor Michael Gerdhenrich. “We are thus strengthening regional value creation and offering people a concrete opportunity to become part of this progress.”

EVB is also planning a ‘battery storage tariff’ with which companies and households can reduce their electricity costs through intelligent consumption behaviour.

The project’s primary ownership will be through new joint venture (JV) entity Beckumer Batteriespeicher, with a 76:24 equity split between evb and ESY.

ESY will be responsible for technical implementation while construction, maintenance and operation of the plant will be done by Westenergie Netzservice. Note that Westenergie holds 34% of evb too.

The BESS project will be equipped with noise protection walls, and an independent noise analysis forecast that noise levels will be 40.5 decibels, well below the permissible 60 decibels. Noise is a big topic in the industry, particularly in population-dense markets like Europe, and we discussed it recently with system integrator Wartsila in a recent interview (Premium access).

Meanwhile, optimiser Entrix has been enlisted by the project’s owners to operate the BESS in the electricity markets to maximise returns.

Germany is quickly becoming one of the most active grid-scale BESS markets in Europe. Sources say the size of its wholesale energy market means it has more enough trading opportunities to make up for ancillary service market saturation, when that comes.

Big names in the industry have recently made announcements in the country. In March, the system integration arm of SMA Solar and utility RheinEnergie partnered to deploy BESS projects in Germany.

Just prior to that, oil and gas major TotalEnergies reached 321MW of under-construction BESS in across the country while in February independent power producer (IPP) RWE commissioned a 235MWh system in North Rhine-Westphalia.

3 June 2025
Stuttgart, Germany
Held alongside the Battery Show Expo Europe in Stuttgart, Energy Storage Germany spotlights Germany’s rapid ascent in the European storage sector. Once driven by residential demand, utility-scale projects are now surging, with 184 MW added across 44 projects in 2023. With nearly 16 GWh of capacity installed in the first half of 2024, Germany is set to integrate 24 GW of utility-scale energy storage by 2037, creating substantial opportunities.
14 October 2025
London, UK
The UK & Ireland is the most mature and established energy storage market in Europe, with just over 5GW of total operational capacity at the start of 2025. With over 130GW in the pipeline for the UK and Ireland, the growth potential of this market is immense. With this in mind, everyone is asking, ‘how best to maximise battery assets?’ This event has established itself as a key industry platform, bringing together asset owners with the experts who can provide the answers – from optimisers and software providers to O&M specialists and more. The summit will equip the industry for the future, delving into the key pillars of asset management, exploring operational challenges, and spotlighting the latest developments in optimisation and software innovation.
2 December 2025
Rome, Italy
Across two packed days, the Summit focused on three core themes: revenue & trading, the lifecycle of the battery, and optimisation tools. Attendees explored innovative strategies for enhancing asset performance and longevity, with a spotlight on key markets like Germany, Italy, and the UK. Stay tuned for details on the 2025 edition of the Battery Asset Management Summit Europe, where we’ll continue to chart the path forward for energy storage asset management.
24 February 2026
InterContinental London - The O2, London, UK
This isn’t just another summit – it’s our biggest and most exhilarating Summit yet! Picture this: immersive workshop spaces where ideas come to life, dedicated industry working groups igniting innovation, live podcasts sparking lively discussions, hard-hitting keynotes that will leave you inspired, and an abundance of networking opportunities that will take your connections to new heights!

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