What is energy storage Forum?
We are Europe's first conference dedicated solely to energy storage since . All of our Forum's culminate with the unique Building the Action Plan feature. Join us for this session and take back an action list to the workplace.
Why is energy storage a problem in the EU?
Energy storage suffers from lack of regulatory certainty within the EU. While a number of member states – Germany and the UK especially – have made great strides in adoption levels, lack of consistency is a looming issue.
Are regulatory barriers hindering energy storage projects?
Regulatory barriers are also identified as a hindrance to further energy storage projects by many in the field. In the UK, the All-Party Parliamentary Group (APPG) on Energy Storage claim that current government policy will reduce the storage capacity deployed by from a potential 12 GW to 8 GW.
Should energy storage be regulated?
The European Association for Storage of Energy (EASE) have also stated that regulations must keep up with advances for the technology to flourish. The benefits of energy storage for both end users and the grid have already reached a tipping point where costs are justified for many business cases – this trend shows no sign of stopping.
Why are energy storage systems important?
Since the electrical grid has existed, so has the need for stored forms of energy that can be drawn on to meet times of peak demand and regulate frequency. In the past, the bulk of this extra energy came from fossil fuel plants that were fired up and down with demand. Are energy storage systems profitable?
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