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.

Read the original article

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.

LATEST ARTICLES

Annual Installed Capacity Significantly Increases

While the global market was under the haze of the epidemic and many countries were still in lockdown, the energy storage market showed extremely strong resilience and began to recover and grow since Q3 and Q4 of 2020. According to the BloombergNEF report, the global energy storage market in 2020 has developed faster than expected,…

Read More

Ultracapacitor UPS (U-UPS) for voltage dips and micro-interruptions

Power interruptions are the most frequent power supply problems with wide-ranging consequences for industry. The causes of these interruptions include short-circuits in the distribution grid, lightning strikes, the connection and disconnection of power plants as well as volatile energy producers such as wind and solar. Because technologies and production processes are becoming increasingly complex, the…

Read More

★REVIEWS

“Probably the most interactive and well organized storage event on the calendar.”

★★★★★

Sales Director, S&C

“Great topics, competent speakers, good networking: keep it like that.”

★★★★★

TLC & SCADA Manager, FRI-EL

“High scientific content, well targeted, perfect organization.”

★★★★★

Expert Technical & Governance, Elia

Excellent networking event. The sponsorship was well worth it.”

★★★★★

Manager, ATL

View More

x