The Future of Renewable Energy & Infrastructure

Europe’s energy generation needs to come from 45% of renewable sources by 2030. To meet these renewable energy targets, the EU expects a need of 187 gigawatts of energy storage capacity for the same period.

This trend is making the once diverse worlds of photovoltaics, energy storage, and e-mobility increasingly intertwined. Effective, adaptable, and modular components are becoming increasingly common in these settings. TTI Europe supports energy development by stocking new component solutions for the market and offering specialist advice.  

Besides the generation of energy, the storage is a crucial element in the complete system.  The Germany BESS market has grown by a record of 150 percent to nearly 1.2 Mio installed systems. TTI Europe supports this growth by providing a large inventory of the latest components for these technologies. With the further transition to carbon neutral energy - for instance in private households - and into e-mobility, the demand for produced green energy and the needed storage capacities are the key areas for this decade.

The landscape is changing dramatically. In the traditional model, end users directly use the energy that is distributed in a larger grid. However, more and more households are producing their own energy, mainly via solar panels. Due to the exploding cost of energy, storing energy in a battery and using it at night is now becoming the norm.  Energy storage enables stable pricing by managing demand from consumers proactively.

In November 2023, the year to date volume of electrical vehicles reached nearly 1.4 million units, representing a 14.2% share of the EU market. The complexity of decarbonizing transport is high, also due to multiple complementary technologies.

The number of fast chargers grew to over 70,000 by the end of 2022, and until 2030, a total number of 2.9 million public charging stations with a total invest of 1.8 billion € are estimated for Europe. While most of the charging demand is currently met by AC home charging, publicly accessible DC chargers are increasingly needed in order to provide the same level of convenience and accessibility as for refueling conventional vehicles. With TTI Europe you have the right partner for designs of power distribution units and fast charging devices to learn more about the latest high-voltage (HV) connection systems. Publicly accessible DC fast chargers, especially those along motorways, enable longer journeys and can address range anxiety, but also challenge the electrical grid to provide the needed energy.

Solutions including larger stationary storage units in the form of batteries or hydrogen are the next step.

Manufacturers of charging stations, wall boxes and small vehicles will be interested in the newest AC or DC outlets and charge cables, while engineers working on HV power inverters need more information on the latest technologies, TTI Europe supports with their technical TDM experts.

Energy storage innovations will have a big impact on how quickly renewable energy sources and electric vehicles are adopted.

Whatever type of design, whatever part of the design process, TTI Europe is ready to help advance the future of renewable energy infrastructure and e-mobility. As a trusted electronic component distributor for over 40 years, TTI Europe offers the industry's broadest inventory of interconnect, passive, high-voltage, sensor and electromechanical products, and the specialists who know all about it.