The Energy Storage Coalition has called on the European Commission to implement an Action Plan on Energy Storage, to help ensure Europe meets its energy transition goals.
As the EU enters a new five-year term, it faces challenges in strengthening global competitiveness, securing its energy system and achieving climate targets.
The Energy Storage Coalition calls on the European Commission to develop an Action Plan on Energy Storage to provide regulatory clarity, streamline deployment processes, and encourage investment across Member States.
Executive director at the Energy Storage Coalition Doriana Forleo said: “The success of the energy transition depends on energy storage and renewables working together.
“The reform of the Electricity Market Design is a great step forward, but we need clear regulatory guidance and targeted incentives to unlock the full potential of energy storage across the EU.”
SolarPower Europe chief executive Walburga Hemetsberger said: "To integrate solar energy into the grid, we must expand our flexibility resources.
“Our Mission Solar 2040 study estimates that 1.2TWh of storage will be required to meet solar energy targets and save the system €160bn by 2040.
“However, we need an EU Energy Storage Action Plan to achieve this!"
Secretary general of The European Association for Storage of Energy Patrick Clerens added: “An Energy Storage Action Plan is the right way forward to achieve the decarbonisation objectives, ensure Europe's competitiveness, and reach low energy prices for all consumers.
“The Action Plan is about pushing renewables and storage forward, attracting investments and ensuring Europe's energy security.”
The Energy Storage Coalition highlights five essential elements that should be included in the proposed Action Plan.
These are to provide dedicated incentives for energy storage, harmonise permitting and grid connection rules for storage deployment, set a fair framework for network charges and levies, prioritise energy storage in capacity markets and launch dedicated auctions for energy storage and flexibility solutions and monitor energy storage growth in the National Energy & Climate Plans.
The Energy Storage Coalition is an organisation constituted of SolarPower Europe, The European Association for Storage of Energy, WindEurope and Breakthrough Energy.
Source:World of Energy Interconnection