Analysis has shown that storage is key to decarbonising the EU energy system. By allowing excess electricity to be saved in large quantities and used later when it is needed, it increases a better penetration of renewable energy in the power system.
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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
European Association. for Storage of Energy. EASE has prepared an analysis that aims to shed light on the numerous benefits of thermal energy storage (TES) by providing an overview of technologies, inspiring projects, business cases,
EASE has published an extensive review study for estimating Energy Storage Targets for 2030 and 2050 which will drive the necessary boost in storage deployment urgently needed today. Current market trajectories for storage
Europe has seen its first year when energy storage deployments by power capacity exceeded 10GW in 2023. The eighth annual edition of the European Market Monitor on Energy Storage (EMMES) was published last
Energy-Storage.news'' publisher Solar Media is currently hosting the inaugural Energy Storage Summit Central Eastern Europe on 26-27 September this year in Warsaw, Poland. This event brings together the
Europe and China are leading the installation of new pumped storage capacity – fuelled by the motion of water. Batteries are now being built at grid-scale in countries including
Julia Souder, CEO of the Long Duration Energy Storage Council, explores energy storage as the cornerstone of power grids of the future.. This is an extract of a feature which appeared in Vol.35 of PV Tech Power,
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.
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.
Many European energy-storage markets are growing strongly, with 2.8 GW (3.3 GWh) of utility-scale energy storage newly deployed in 2022, giving an estimated total of more than 9 GWh. Looking forward, the International Energy Agency (IEA) expects global installed storage capacity to expand by 56% in the next 5 years to reach over 270 GW by 2026.
Different studies have analysed the likely future paths for the deployment of energy storage in the EU. 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).
Europe's industries are diverse, and so are its energy needs. But the common thread binding them is the need for sustainable, reliable, and cost-effective secure energy solutions, Julia Souder writes. For the last two hundred years, European industry has depended on fossil fuels.
Long duration energy storage is an imperative for Europe's industrial decarbonisation The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. Europe's industries are diverse, and so are its energy needs.
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