Should energy storage operators compete for subsidy contracts?

In several countries, revised capacity markets now allow energy storage operators to compete for subsidy contracts on a more equal footing with power generators. Support from the European Battery Alliance and €1 billion in loans from the European Investment Bank in 2020 alone should help shore up investor confidence.

When is the Energy Storage Summit Central Eastern Europe?

Visit the official site for more info. The Energy Storage Summit Central Eastern Europe is set to return in September 2025 for its third edition, focusing on regional markets and the unique opportunities they present.

Why did Europe's storage capacity installation rate fall 40% in 2019?

The storage capacity installation rate in Europe fell by 40% year on year in 2019, according to a report by the International Energy Agency. This decline was largely due to sluggish deployment of grid-scale applications, while behind-the-meter installations have fared much better, the report noted.

Will Europe see 67 GW of battery capacity by 2030?

A study by the European Commission released in March suggested Europe may see 67 GW of installed battery capacity by 2030, but also cautioned that distribution system development could reduce the demand for storage in the longer term. Batteries also face competition from pumped storage.

Does Europe support battery energy storage?

Policy support for battery energy storage is gaining momentum across Europe as national governments remove regulatory barriers and the EU pledges financial support for this emerging technology.

Are EU lawmakers lifting market barriers for energy storage?

EU lawmakers are also beginning to lift market barriers for energy storage. The EU’s revised electricity directive (2019/944) stipulates that transmission system operators and distribution system operators should not own or operate storage facilities unless circumstances are exceptional.