Bill Gates-founded Breakthrough Energy, The European Associate for Storage of Energy (EASE), Solar Power Europe and Wind Europe have together called on the European Commission to recognise energy storage’s crucial role for the security of energy supply in Europe.
Industry stakeholder organisations from across Europe have come forward to urge the European Union to support the adoption of long-duration energy storage in its European Green Deal.
Energy-Storage.news proudly presents this sponsored webinar with consultancy Clean Horizon, discussing why Greece can be an important European market for energy storage.
Concern has been expressed about the lack of attention and funding for energy storage in plans for economic recovery and post-pandemic resilience tabled by European Union Member States.
Europe is on course to become the world’s second-largest lithium-ion battery cell producing region by 2025, although some key challenges need to be addressed, a European Commission vice-president has said.
The European Union (EU) looks set to introduce the “most extensive product legislation in the world for batteries,” but its potential shortcomings include the risk that battery prices could go up and that established manufacturers from Asia might be better positioned to benefit from the rules than the new European value chain.
A €105 million (US$127.6 million) push to develop low-cost, environmentally-friendly lithium-ion battery technology by Sunlight, a designer and manufacturer of batteries headquartered in Greece, will receive €49.9 million in grant funding.
Proposed updates to EU legislation on batteries that aim to address some of the issues associated with Europe’s supply chain have been welcomed by trade industry association RECHARGE, albeit with the suggestion that they may be too complex in their current form.
