EU-supported European Battery Alliance (EBA) will roll out a newly updated action plan to enable 90% of the Union’s demand for batteries to be met with domestically made products by 2030.
New guidelines for procurement and utilisation of battery energy storage systems (BESS) as assets for generation, transmission and distribution and ancillary services have been published by India’s Ministry of Power.
Trade body Flow Batteries Europe (FBE) has written to EU legislators imploring them to include its members products in the scope of upcoming Battery Passport regulations.
Investors are becoming increasingly comfortable with energy storage as an asset class but numerous regulatory and market design hurdles remain across European markets.
European lithium battery industry trade body RECHARGE has warned that some parts of the EU’s Draft Report on Batteries and Waste Batteries may stifle the industry and not deliver on objectives, ahead of today’s vote.