The European Union’s transition to a renewable-energy-powered electricity grid will fail unless it does more to support and promote energy storage, according to the Energy Storage Coalition.
Trade association EASE has urged policymakers to recognise the vital role energy storage can play in solving energy sector challenges as European Union (EU) elections take place.
Europe reached 4.5GW of battery storage capacity last year and could hit 95GW by 2050, according to figures from LCP Delta and Aurora Energy Research respectively.
Green Deal Industrial Plan has been welcomed by the European Association for Storage of Energy, although mentions of energy storage included in a leaked draft seen by the industry group were absent from the final publication.
Concern has been expressed about the lack of attention and funding for energy storage in plans for economic recovery and post-pandemic resilience tabled by European Union Member States.
The EU’s latest Clean Energy Package (CEP) is “undoubtedly positive” for energy storage, with the technology expected to play a key role in meeting the legislation’s ambitious “32% by 2030” renewables target, Brittney Elzarei, senior policy officer at trade organisation EASE has said.
In the second part of our interview with Valts Grintals, analyst at Delta-ee we discuss why behind-the-meter energy storage, including commercial and industrial (C&I) and residential installations, contributed so much to the market’s recent success.
