7
Jun

ENERGY STORAGE ROLE IN EU NEW ENERGY MARKET BLUEPRINT

An energy blueprint published by the European Commission removes some legislative barriers hindering the battery sector. Having in mind that Energy Storage was not even outlined prior in European legislation, this represents a step in the right direction for EU battery energy storage.

The deployment of energy storage system depends on a strategy that will encourage competitiveness of the EU battery sector, as well as the offers and services that all the market players within the Energy value chain have. Energy Storage plays a key role in balancing the actual demand and supply and helps make adjustments needed to the supply due to unexpected changes.

In this package some of the positive changes for energy storage include enabling consumers to “generate, store, consume and sell self-generated electricity in all organized markets” (Electricity Directive, Art. 15), encouragement of electricity prices considering actual supply and demand.

Although there is an attempt to define what energy storage is, the definition still leaves open the question about double grid fees owners in many EU countries are subjected to. Another fundamental point is the ownership of energy storage facilities for TSOs and DSOs. In order to speed up clean energy innovation, the Commission will encourage the production of battery cells in Europe by distributing more than EUR 2 billion to aid research and innovation projects for 2018-2020.

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