European energy strategy must reconcile the need for flexibility
Over the last 12 months, we have witnessed an unprecedented crisis in the European energy markets. This was caused, among others, by the war in Ukraine, the growing effects of climate change, and the unavailability of the French nuclear fleet. Europe’s response to those challenges is an even faster acceleration of renewable buildout in Europe. As we rediscover the meaning of security of supply, it is time to better understand the value of flexibility as a critical enabler of the energy transition. European policy makers need to strengthen the role of flexibility technologies, including energy storage, in future Energy Market Design.
You are not logged in
If you want to read more, join the ENERGY-HUB clubLogin
Try the monthly membership in the ENERGY-HUB club for free!
California distributed battery storage company Electriq Power in ‘estimated’ US$300 million deal
Electriq Power, a US provider of battery storage solutions, has secured a deal that could be worth more than US$300 million. The c…
IPP Amarenco raises €300 million for solar, energy storage and agrovoltaics pipeline
Independent power producer Amarenco has purchased a 90% stake in PV developer Infram from investment company M&G’s infrastructure…
EU greenlights BCI’s investment in new BESS platform Eku Energy
The European Commission has cleared an investment by Canadian pension fund BCI into Eku Energy, a new utility-scale BESS platform…
Connecticut utilities launch next 100MW tranche of 580MW customer-sited ESS procurement
Connecticut utilities Eversource, UL and a quasi-state bank have together launched the next 100MW tranche of a programme aimed at…
UAE should deploy 300MW BESS capacity by 2026, says utility
The UAE should deploy 300MW/300MWh of battery energy storage system (BESS) capacity in the next three years, according to one of i…
ENERGY-HUB is a modern independent platformsharing news and analytic articles from the energy sector on a daily basis. Within our portfolio we monitor czech, slovak and foreign press releases.