European photovoltaic energy storage strength ticket code

Why should battery storage be a political priority in Europe?

Together, we urge a tenfold increase in battery storage by 2030 to ensure Europe’s energy transition, security, and competitiveness. The mission of the Battery Storage Europe Platform is to make battery storage and flexibility a political priority by: Placing battery storage at the top of the EU agenda for energy security and competitiveness.

How does energy storage work in the EU?

The main energy storage method in the EU is by far 'pumped storage hydropower', which works by pumping water into reservoirs when there is an electricity surplus in the grid - for example on a sunny or windy day - and releasing it when more energy is needed.

What is the EU solar rooftop obligation?

These initiatives will introduce a legally binding EU solar rooftop obligation to ensure accelerated installation of solar panels on buildings, help create a skilled workforce necessary to produce, install and maintain solar panels, and support the EU industry in expanding the domestic production of photovoltaic panels.

What is the battery storage Europe platform?

The Battery Storage Europe Platform brings together industry leaders representing the battery storage value chain to advance the business case and regulatory frameworks for battery storage across the EU. Together, we urge a tenfold increase in battery storage by 2030 to ensure Europe’s energy transition, security, and competitiveness.

What does the European Commission say about energy storage?

The Commission adopted in March 2023 a list of recommendations to ensure greater deployment of energy storage, accompanied by a staff working document, providing an outlook of the EU’s current regulatory, market, and financing framework for storage and identifies barriers, opportunities and best practices for its development and deployment.

Which EU instruments can support the roll-out of solar energy?

According to the European Commission, the EU instruments that can support the roll-out of solar energy are: the Recovery and Resilience Facility, the cohesion policy funds, InvestEU, the Innovation Fund, the Modernisation Fund, Horizon Europe, the LIFE programme, Connecting Europe Facility and the EU renewable energy financing mechanism.