Energy storage project recommendation

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.

Why do we need energy storage recommendations?

Proposed recommendations ensure safety, battery placement and end-of-life storage. These recommendations are important to avoid near-fatal incidents associated with the use of such batteries. The growth in renewable energy (RE) projects showed the importance of utility electrical energy storage.

What are energy storage options?

Energy storage options provide applications and services that match technologies to needs. Already, several reports indicate the technical and economic benefits that storage has over conventional technologies, particularly in ancillary service markets , .

Should energy storage be utilised in the design and operation of networks?

The Commission also encourages further exploiting the potential of energy storage in the design and operation of the networks. Some recommendations also address challenges related to a need for long-term visibility and predictability of revenues to facilitate access to finance (for example monetising services provided).

Do energy storage devices need a participation framework?

Foundationally, energy storage devices need a participation framework for operating and seeking remuneration within the power system. To that end, various market rule changes may be required for energy storage resources to be able to participate.

Should energy storage be a public policy goal?

The IEC recommends policy-makers to make the encouragement of storage deployment a public policy goal. The long-term storage of surplus energy from renewables is sometimes more expensive than additional generation from existing fossil-fuel plants.