Is battery energy storage a solution to Europe's energy crisis?

Europe is at the forefront of decarbonisation efforts, with already achieved results and ambitious goals for the coming decades, particularly in the power sector. However, the greening of the European electricity system also requires increasing flexibility . Battery energy storage systems (BESS) represent a crucial component of the solution.

How does solar power affect battery storage in the EU?

Years of strong solar growth and high gas prices have increased electricity price volatility across the EU, strengthening opportunities for battery storage. In turn, batteries can increase power demand at peak solar times, supporting solar revenues.

What is Solarpower Europe?

PV trade body SolarPower Europe is celebrating its 40th anniversary with the tagline SolarPower Europe: solar, storage, and flexibility, and has announced plans for a Battery Storage Europe platform to highlight case studies and regulatory best practice.

Can energy storage and grid flexibility decouple the EU economy?

Investment in energy storage and grid flexibility, SolarPower Europe told EU energy ministers at a recent summit in Brussels, can structurally decouple the European economy from imported fossil fuels, making energy more affordable, less volatile, and more secure.

Should solar be co-located with wind power and energy storage?

The European industry body is having a major push on the benefits of co-locating solar with wind power and energy storage, or both, and will include storage advocacy in its future contact with policymakers.

Can solar & battery storage be used together?

The opportunity is particularly clear for pairing solar with battery storage, taking advantage of their mutually reinforcing business cases. Years of strong solar growth and high gas prices have increased electricity price volatility across the EU, strengthening opportunities for battery storage.