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.
These policies are mostly concentrated around battery storage system, which is considered to be the fastest growing energy storage technology due to its efficiency, flexibility and rapidly decreasing cost. ESS policies are primarily found in regions with highly developed economies, that have advanced knowledge and expertise in the sector.
Our review demonstrates that no jurisdiction currently provides a comprehensive regulatory framework for energy storage, with the majority of jurisdictions currently allowing storage to be defined as “generation” for the purposes of licensing and other regulatory requirements.
In concrete terms, the Commission is recommending EU countries to consider the specific characteristics of energy storage when designing network charges and tariff schemes and to facilitate permit granting. The Commission also encourages further exploiting the potential of energy storage in the design and operation of the networks.
Impact of energy storage system policy ESS policies are the reason storage technologies are developing and being utilised at a very high rate. Storage technologies are now moving in parallel with renewable energy technology in terms of development as they support each other.
A Commission Recommendation on energy storage (C/2023/1729) was adopted in March 2023. It addresses the most important issues contributing to the broader deployment of energy storage.
Furthermore, energy storage is able to participate in China''s electricity market [1]. Local government policies are adapted to local conditions. Following the roadmap for energy storage industry development outlined by central government, local …