Recognition of the role energy storage must play in Europe’s energy transition has been long overdue. Now that it has arrived, the hard work begins, write Julian Jansen and Lars Stephan of system integrator Fluence.
Europe’s annual battery storage deployments doubled in 2023, but the pace of adoption is still much slower than required, according to SolarPower Europe.
Trade association EASE has urged policymakers to recognise the vital role energy storage can play in solving energy sector challenges as European Union (EU) elections take place.
The “momentum behind energy storage,” leading to its wider adoption across the grid in Europe is becoming increasingly undeniable, Energy-Storage.news Premium has heard.
Germany and Spain are among the energy storage markets of Europe that clients are most keen to learn more about, according to Wood Mackenzie analyst Anna Darmani.
The Indian government has published a framework for promoting the use of energy storage aimed at enabling dispatchable renewable energy, more reliable grids, and economic development.
The backing of new Electricity Market Design proposals by the European Parliament is welcome, but the plan still falls short in its support for energy storage technologies.
Europe reached 4.5GW of battery storage capacity last year and could hit 95GW by 2050, according to figures from LCP Delta and Aurora Energy Research respectively.
