Recent policy announcements from the European Union could boost the energy storage market, an analyst says, but also reveal inherent weaknesses of the bloc’s free electricity market.
Supply chain constraints impacting the energy storage industry have come at a “critical” stage for the sector’s development, a BloombergNEF analyst has said.
Some 2,000 residential battery systems in Belgium have been aggregated into a virtual power plant (VPP) and are providing balancing services to transmission system operator Elia.
