Does energy storage need a regulatory framework?

However, for storage to realize its full potential, a robust regulatory framework is needed. In the European Union (EU), the role energy storage plays in EU power markets will be formally recognized in the Electricity Market Design Directive (recast), which is expected to be adopted in Q1/Q2 2019.

What is the European Commission doing about energy storage?

The European Commission in 2020 published a study on energy storage, which summarized some previous studies and reports, explored current and potential energy storage markets in Europe, and set out policy and regulatory recommendations for energy storage.

How does the EU regulate energy storage?

The EU regulation of energy storage is generally spread across a number of regulatory acts, many of which require implementation at the level of the EU member states.

Could a 5% battery capacity ensure optimal integration of PV in Europe?

A 5% battery capacity level could ensure optimal integration of PV in Europe. The varying level of RES curtailment could be handled by 5% battery capacity. Country heterogeneity is observed in the optimal level of batteries. Batteries can ease the strong canniChinasation effect of PV plants.

Should energy storage systems be regulated?

Regulators must balance the need for grid reliability and stability with the flexibility and responsiveness demanded by energy storage technologies. One emerging issue is the need for harmonized standards and safety regulations for energy storage systems, particularly for newer technologies like flow batteries and hydrogen storage.

What are EU energy storage initiatives?

EU energy storage initiatives are a key part of advancing energy security and the transition toward a carbon-neutral economy, improving energy efficiency, and integrating renewable energy sources into electricity systems, and can play an integral role in balancing power grids and saving surplus energy.