Europe has taken its energy destiny back into its own
Like last winter, Europe moved out of its second winter since Russia''s invasion of Ukraine without energy shortages, blackouts, cold homes or supply cuts. Quite the opposite, Europe ended winter with a remarkable
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
Europe ready for winter despite Putin''s blackmail
But the European continent is ready for this, as the EU''s gas storage facilities are full. "Once again Putin is using energy as a weapon. He is trying to blackmail Austria & Europe by cutting
Is Europe ready for the smart buildings revolution?
The leading countries in terms of a smart-readiness, Sweden, Finland, Denmark and the Netherlands, have implemented enabling policies. But most countries show little progress in opening the market to demand response or in
Batteries for Europe''s Grids May Finally Be Ready to
Europe is on the brink of an enormous surge in battery projects for the grid after a half-decade of stumbling without a clear strategy. There could be a sevenfold increase to more than 50
Batteries for Europe''s Grids May Finally Be Ready to
Europe is on the brink of an enormous surge in battery projects for the grid after a half-decade of stumbling without a clear strategy. Batteries for Europe''s Grids May Finally Be Ready to
Energy transition in Europe – will the continent reach
Not ready to buy yet? Download a free sample This gap is currently predicted to widen as Europe''s energy storage capacity is set to contribute to only 13% of the global share in 2030. However, due to recent
6 FAQs about [Europe is ready for energy storage]
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.
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.
How much does the EU spend on energy storage?
It’s not a case of penny-pinching: the EU spent $341 billion last year on deploying clean technologies — a 35% increase from the year before, according to BloombergNEF. Energy storage, for utilities and individual users, accounted for $8.4 billion of that -– a 64% increase in the same period.
How much energy storage will Europe have in 2022?
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.
Can battery energy storage solve Europe's energy challenges?
In order to deploy renewables and to release their potential for ensuring a stable and secure energy supply, Europe needs to work to overcome the intrinsic limits of renewables. One solution to these challenges is Battery Energy Storage.
What are the benefits of battery energy storage in Europe?
Increasing the use of renewables in the energy mix allows energy imports to be reduced, with clear benefits for Europe’s energy independence and security. The decarbonisation of the energy mix and reductions in overall CO2 emissions are other clear, positive outcomes of an increased use of Battery Energy Storage in Europe.