Energy Legislation Updates in the European Union
EU energy storage initiatives are key for aiding energy security and the transition toward a carbon-neutral economy, improving energy efficiency, and integrating more renewable energy sources into electricity systems, as
Energy Legislation Updates in the European Union and
EU energy storage initiatives are key for aiding energy security and the transition toward a carbon-neutral economy, improving energy efficiency, and integrating more renewable energy sources into electricity systems, as
Commission recommendations on how to exploit the
The Commission has published today a series of recommendations on energy storage, with concrete actions that EU countries can take to ensure its greater deployment. Analysis has shown that storage is key
6 FAQs about [Eu energy storage policy]
What does the European Commission say about energy storage?
The Commission adopted in March 2023 a list of recommendations to ensure greater deployment of energy storage, accompanied by a staff working document, providing an outlook of the EU’s current regulatory, market, and financing framework for storage and identifies barriers, opportunities and best practices for its development and deployment.
What are EU energy storage initiatives?
European Union EU energy storage initiatives are key for energy security and the transition toward a carbon-neutral economy, improving energy efficiency, and integrating more renewable energy sources into electricity systems.
What is the EU Regulation on energy storage?
In brief, the EU regulation in respect of energy storage appears to focus on the following: Public support, strategy, and other policy aspects (for more information on EU state aid to energy projects, see Cross-Border Energy Projects in Times of Crisis: Is EU State Aid a Solution for Green Transition?)
Why should EU countries consider the 'consumer-producer' role of energy storage?
It addresses the most important issues contributing to the broader deployment of energy storage. EU countries should consider the double 'consumer-producer' role of storage by applying the EU electricity regulatory framework and by removing barriers, including avoiding double taxation and facilitating smooth permitting procedures.
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.
How much energy storage capacity does the EU need?
These studies point to more than 200 GW and 600 GW of energy storage capacity by 2030 and 2050 respectively (from roughly 60 GW in 2022, mainly in the form of pumped hydro storage). The EU needs a strong, sustainable, and resilient industrial value chain for energy-storage technologies.