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European Energy Security Needs Energy Storage

  • Apr 14, 2022
  • 93 views
Source: 
ENP Newswire

On 13 April, Breakthrough Energy, the European Association for Storage of Energy - EASE, Solar Power Europe, and Wind Europe signed an open letter calling on the European Commission to recognise energy storage's crucial role for the security of energy supply in Europe.

The four organisations welcome that the REPowerEU plan presented in March rightly recognises renewables, especially wind and solar, as key technologies to decrease Europe's dependence on Russian oil, gas, and coal.

However, even if the renewable energy industry is ready to support EU's ambitions, without rapidly scaling up market-ready energy storage technologies, the EU will be unable to achieve a net-zero power system, risking continued exposure to volatile fossil energy markets.

The EU urgently needs a massive and rapid roll-out of energy storage solutions. Some of the solutions we have today to balance renewable generation - mostly dispatchable fossil generation such as gas-fired power plants - run contrary to Europe's climate, energy independence, and security of supply ambitions.

Energy storage needs to become a political priority alongside renewables in the short term and there are three actions the European Commission can take in its REPowerEU Action Plan in May:

Set energy storage targets for 2030.

Promote the uptake of energy storage technologies through funding instruments, such as Contracts for Difference under the Innovation Fund.

Mainstream energy storage in the European Commission's implementation of the REPowerEU action plan and in the ongoing review of the Electricity Market Design.

Patrick Clerens, Secretary General of EASE, commented 'We need to replace gas turbines that provide flexibility. And not in years: now. Europe has the technology, the industry is willing to act, but we need a clear political commitment. The EU cannot be dependent on gas imports.'

'Storage will play a pivotal role to meet the flexibility needs of a decarbonised and decentralised European energy system,' said Walburga Hemetsberger, CEO of SolarPower Europe. 'To match the EU ambition to become independent from Russian fossil fuel imports, energy storage deployment must be accelerated. In particular, we ask the European Commission to tap into the flexibility potential of solar & storage solutions, which are already cost-competitive today if supported by the right policy frameworks.'

Giles Dickson, WindEurope CEO said: 'Europe wants more wind energy ASAP to cut fossil fuel imports. Good, Europe can count on us. The 18 May REPowerEU plan must now also recognise the critical role of storage in delivering clean, home-grown and affordable energy for all Europeans.'

Breakthrough Energy

Founded by Bill Gates, Breakthrough Energy is dedicated to helping humanity avoid a climate disaster. Through investment vehicles, philanthropic programs, policy advocacy, and other activities, Breakthrough Energy is committed to scaling the technologies the world needs to reach net-zero emissions by 2050

Contact:

Email: press@breakthroughenergy.org

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