How much energy storage capacity does the EU need?
These studies point to more than 200 GW and 600 GW of energy storage capacity by and respectively (from roughly 60 GW in , mainly in the form of pumped hydro storage). The EU needs a strong, sustainable, and resilient industrial value chain for energy-storage technologies.
What is the European Commission doing about energy storage?
The European Commission in published a study on energy storage, which summarized some previous studies and reports, explored current and potential energy storage markets in Europe, and set out policy and regulatory recommendations for energy storage.
Should energy storage be regulated in Europe?
As renewable energy continues to expand in Europe, energy storage must keep pace to ensure the grid remains flexible and stable. The Energy Storage Coalition urges the European Commission to develop an Action Plan on Energy Storage, providing much-needed regulatory clarity and supporting Member States in scaling up energy storage capacity.
What is the European energy storage inventory?
In March , the Commission launched the European Energy Storage Inventory, a real-time dashboard that displays energy storage levels across different European countries. It is the first European-level tool of its kind and offers energy storage data across a full range of technologies.
Why is energy storage important in the EU?
It can also facilitate the electrification of different economic sectors, notably buildings and transport. The main energy storage method in the EU is by far 'pumped hydro' storage, but battery storage projects are rising. A variety of new technologies to store energy are also rapidly developing and becoming increasingly market-competitive.
How many GW of energy storage will Europe have in ?
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 and respectively (from roughly 60 GW in , mainly in the form of pumped hydro storage).
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