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6 FAQs about [The latest european energy storage policy news video]
Should the European Commission adopt an energy storage action plan?
The European Commission must adopt an Energy Storage Action Plan within a broader Flexibility Package, to harmonise markets, remove regulatory barriers, and ensure storage is integral to national energy strategies.
Should energy storage be regulated in Europe?
As renewable energy continues to expand in Europe, energy storage must keep pace to ensure the grid remains flexible and stable. The Energy Storage Coalition urges the European Commission to develop an Action Plan on Energy Storage, providing much-needed regulatory clarity and supporting Member States in scaling up energy storage capacity.
What is the European Commission doing about energy storage?
The European Commission in 2020 published a study on energy storage, which summarized some previous studies and reports, explored current and potential energy storage markets in Europe, and set out policy and regulatory recommendations for energy storage.
What are EU energy storage initiatives?
EU energy storage initiatives are a key part of advancing energy security and the transition toward a carbon-neutral economy, improving energy efficiency, and integrating renewable energy sources into electricity systems, and can play an integral role in balancing power grids and saving surplus energy.
How does the EU regulate energy storage?
The EU regulation of energy storage is generally spread across a number of regulatory acts, many of which require implementation at the level of the EU member states.
Why is energy storage important in the EU?
It can also facilitate the electrification of different economic sectors, notably buildings and transport. The main energy storage method in the EU is by far 'pumped hydro' storage, but battery storage projects are rising. A variety of new technologies to store energy are also rapidly developing and becoming increasingly market-competitive.