European energy storage battery style pictures

What is Europe's battery storage race?

Europe's Battery Storage Race and Why it Matters. The EU policy framework outlines the correlation between energy storage and climate change, explaining the Government's decarbonization plan to secure a sustainable, competitive, and affordable energy supply in Europe.

How important is battery storage in Europe?

The storage process can be done on the grid and individual buildings levels, which has made Europe a renowned home of energy storage technologies. To further put the importance of battery storage in perspective, Europe needs a total of 187 GW of energy storage by 2030, 122 GW of which will be battery storage—that is about 65.24%.

Can battery energy storage solve Europe's energy challenges?

In order to deploy renewables and to release their potential for ensuring a stable and secure energy supply, Europe needs to work to overcome the intrinsic limits of renewables. One solution to these challenges is Battery Energy Storage.

Why is energy storage important in the EU?

It can also facilitate the electrification of different economic sectors, notably buildings and transport. The main energy storage method in the EU is by far 'pumped hydro' storage, but battery storage projects are rising. A variety of new technologies to store energy are also rapidly developing and becoming increasingly market-competitive.

What is batteries Europe?

Batteries Europe, launched in 2019, is the technology and innovation platform of the European Battery Alliance, run jointly by the Commission and stakeholders in the battery industry.

Should battery energy storage be regulated in the EU?

The EU’s legislative and regulatory framework should guarantee a fair and technology-neutral competition between battery technologies. Several mature technologies are available today for Battery Energy Storage, but all technologies have considerable development potential.