There is an opportunity for locally designed and manufactured BESS solutions in Europe, with the possibility of future EU controls of Chinese imports, former head of BESS products at Northvolt said.
Spain has awarded €165 million to seven pumped hydro storage projects totalling around 2.1GW/21GWh, while Portugal has set a target of 1.4GW of new pumped hydro capacity by 2040.
The European Commission has released its final Electrification Action Plan, reaffirming its belief that the bloc needs 200GW of energy storage by 2030.
We sat down with Lars Stephan, EMEA director of marketing, policy and public affairs for system integrator Fluence, to discuss energy storage, data centres and cybersecurity at Intersolar last month.