European Energy Storage Project Investment Cooperation

4 FAQs about [European Energy Storage Project Investment Cooperation]

What are EU energy storage initiatives?

European Union EU energy storage initiatives are key for energy security and the transition toward a carbon-neutral economy, improving energy efficiency, and integrating more renewable energy sources into electricity systems.

What is the European Commission doing about energy storage?

In 2020, the European Commission published a study on energy storage, which summarized some previous studies and reports, explored current and potential energy storage markets in Europe, and set out policy and regulatory recommendations for energy storage.

Should energy storage be regulated in Europe?

As renewable energy continues to expand in Europe, energy storage must keep pace to ensure the grid remains flexible and stable. The Energy Storage Coalition urges the European Commission to develop an Action Plan on Energy Storage, providing much-needed regulatory clarity and supporting Member States in scaling up energy storage capacity.

What are the barriers to widespread storage deployment in the EU?

While recent EU legislation, including the Clean Energy Package and the Electricity Market Design reform, has laid a foundation for renewable energy and storage, significant barriers to widespread storage deployment remain.

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