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Keeping the lights on while decarbonising will require far more energy storage than the EU market is set up to facilitate, the EC said. Image: NASA.

Batteries could save Europe millions in energy system costs with the right market reforms

November 3, 2022
Industry should make “concrete proposals” for electricity market reforms, or risk policy and regulation continuing to fall short in valuing the role of energy storage.
co-located storage european union fluence

European Union ‘recognises need for energy storage, now needs pathway to get there’

November 1, 2022
European Union policymakers and regulators recognise that energy storage is vital to securing affordable and low carbon energy.
Reported and projected cumulative global installations by region. with 'RoW' representing the 'Rest of the World' and 'Buffer' markets and use cases for which there is low visibility, BloombergNEF noted. Image: BloombergNEF

US, EU policies prompt BloombergNEF to upgrade global energy storage deployment forecasts

October 14, 2022
Recent policy developments in the US and European Union represent a considerable uplift to prospects for global energy storage deployment.
Seminoe Dam, Wyoming. Image: Brian Brameier, US Bureau of Reclamation via Flickr.

ROUNDUP: LG ES partners academics, Siemens Energy compressed air, License application for 900MW Wyoming PHES plant

June 7, 2022
News in brief from around the world in energy storage.
Inauguration of Ukraine's first grid-scale BESS in 2021. Ukraine joined ENTSO-E as an Observer Member in April 2022. Image: DTEK.

Only energy storage can make Europe ‘truly energy independent’

March 21, 2022
The European Commission’s plan to lower dependency on Russian gas imports needs to focus on pairing renewable energy with energy storage.

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