Following Commission President Ursula von der Leyen’s State of the European Union, the Commission released its plan to reduce EU greenhouse gas emissions by at least 55% by 2030. This could translate into a RES target of 38-40%. The share of renewables in electricity is set to reach 65% or more.
In its latest Power Barometer 2020, Eurelectric estimates that wind capacity needs to double and solar capacity to triple by 2030. These impressive figures highlight the urgent need to address the other side of the coin of variable RES deployment, the development of firm and flexible capacity. Various storage technologies hold great potential to tackle this challenge but does the EU have what it takes to get them going?
Watch the event recording here:
What people said:
'I want to congratulate you on the report, it's an outstanding work. We cannot separate storage from the energy transition. Having a holistic approach is one of the most important aspects'
Claudia Gamon, European Parliament
'Commission is considering the idea of a comprehensive storage strategy & a task force'
Beatriz Sinobas, European Commission
'The first ever Eurelectric study focuses on evaluating the place & contribution storage can bring from the comprehensive system perspective, since we expect doubling of wind capacity & tripling of solar capacity'
Viola Rocher, EnBW Energie
'Let’s not forget hydro, a key asset for storage. If we want to multiply by 6, we need both power technologies & mature ones. We need technologies that will create jobs with a EU based value chain'
Erkki Maillard, EDF