There is a “healthy pipeline of projects in development” across Europe’s energy storage sector, but the technologies are as yet “significantly underutilised” below their potential.
A year since the implementation of the initial steps in EU Batteries Regulation went into effect and the impacts are already being seen, writes Nicholas Bellini of TÜV SÜD.
The EU Batteries Regulation came into force in 2023, but its various stipulations become law over the next several years. What does it mean for Europe’s BESS developers, operators and suppliers?
Production has begun at a battery energy storage system (BESS) factory designated as a project of strategic importance by the European Commission (EC) due to its use of local supply chains.
Lithuania’s government will publish a call for applications tomorrow (10 October) for a scheme to support energy storage, which is deemed crucial to the country’s energy security.
Suriya Edwards and Deborah Harvey, partners specialising in battery energy storage at law firm Freeths LLP, analyse new EU battery regulations around suppliers’ responsibility for collecting, treating and recycling collected batteries.
The Ministers of Energy and the Environment in Lithuania have approved an additional €37 million (US$43 million) for an energy storage capex grant scheme, while Trina Storage has secured orders in the country.