Recording of Tuesday, June 18, 2024 | The smarter E Europe | Conference Program | Language: English | Duration: 26:45 .

Experts Discuss Need for National Storage Targets and Flexibility Assessments in EU Member States to Enhance Energy Transition

The discussion revolves around the electricity market design reform, specifically focusing on flexibility assessments and national storage objectives. The panelists discuss the necessity of clear pathways to bring storage projects online with specific support schemes. Claudia from Germany highlights that Germany lacks a vision for future flexibility needs and is lagging in smart meter rollouts. She emphasizes the importance of demand-side flexibility and various types of energy storage, including battery and long-duration energy storage. Luz from Spain mentions their target of 20 gigawatts by 2030 but acknowledges that additional measures such as capacity mechanisms are required for stability. There’s also mention of Poland's lack of explicit targets for battery storage, though it has set broader goals encompassing various flexible technologies like pumped hydro and biogas power plants. Elodie, representing a European perspective, notes that while some countries have started setting targets to integrate renewable energy into their systems effectively, economic support remains insufficient. The overall sentiment is that having targets alone isn’t enough; achieving them requires robust mechanisms like capacity markets and guaranteed revenue streams to ensure project bankability. Furthermore, there’s emphasis on revising existing frameworks (e.g., shortening contracted electricity delivery durations) to better accommodate new technology investments in energy storage solutions across member states.

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Talk of session: Electricity Market Reform (EMR) & More - The State of EU Policies to Support Energy Storage

In the first quarter of 2023, the EU Commission produced a veritable torrent of favorable policy proposals, with the Electricity Market Reform (EMR) at its core and backed by recommendations to the EU Member States to ensure the more wide-spread deployment of energy storage. At the last ees Europe Conference, we discussed these proposals in detail - but what has happened since then? What actions and measures have followed and how effective will they be in unlocking the potential of energy storage?In this panel, we will discuss the state of implementation of the EU energy storage policy, what has gone well, what has not, and what more should be done.

Further Talks of this session:

Welcome and Introduction

Speaker

Lars Stephan
Senior Manager Policy & Market Development
Fluence
United Kingdom

To Talk

State of Play on EU Storage Policy & Regulatory Framework

Speaker

Elodie Perret
Head of EU Affairs
BayWa r.e.
Belgium

To Talk

State of Policy and Market of Storage in Germany

Speaker

Claudia Günther
Research Lead
Aurora Energy Research
Germany

To Talk

State of Policy and Market of Storage in Spain

Speaker

Luz Carmen Perez Sanchez
Head of CAPEX Management
Iberdrola
Spain

To Talk

State of Policy and Market of Storage in Poland

Speaker

Aleksandra Radwanska
Country Manager Next Kraftwerke Poland
Next Kraftwerke GmbH
Germany

To Talk

Close Out

Speaker

Lars Stephan
Senior Manager Policy & Market Development
Fluence
United Kingdom

To Talk