State of Play on EU Storage Policy & Regulatory Framework

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Recording of Tuesday, June 18, 2024 | The smarter E Europe | Conference Program | Language: English | Duration: 10:39 .

EU Urged to Enhance Energy Storage Policies for Renewable Integration Amid New Electricity Market Design Reforms

The speaker, who has a decade and a half of experience in the renewable energy sector with organizations such as EDF Renewables, presents Byvari—an entirely renewables-focused global energy solutions provider. They emphasize the increasing importance of storage and flexibility within EU political agendas to support renewable energy integration. Initially highlighted by the Clean Energy Package, which defined storage rules ensuring non-discriminatory treatment for flexibility measures like demand response and storage. However, subsequent initiatives such as RepowerEU did not prioritize storage sufficiently despite heightened renewable targets. In March 2023, an EU Commission strategy on storage offered recommendations (e.g., removing double taxation) but fell short of proposing concrete regulations. The December 2023 agreement on new electricity market design aimed to stabilize post-energy crisis volatility and included provisions for integrating renewables through better market access and grid functioning reforms. Crucially, this reform underscores that member states must assess national-level flexibility needs regularly while establishing indicative non-fossil flexibility targets; however, it lacks strong CO2 emission limits to incentivize further investment in storage. Moving forward requires enhancing equal access for all flexible resources within markets via system operators' procurement primarily through competitive means—a critical step supported by ongoing network code developments focused on aggregation across Europe’s power systems.

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

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.

Speaker

Lars Stephan
Senior Manager Policy & Market Development
Fluence
United Kingdom

To Talk

Speaker

Claudia Günther
Research Lead
Aurora Energy Research
Germany

To Talk

Speaker

Luz Carmen Perez Sanchez
Head of CAPEX Management
Iberdrola
Spain

To Talk

Speaker

Aleksandra Radwanska
Country Manager Next Kraftwerke Poland
Next Kraftwerke GmbH
Germany

To Talk

To Talk

Speaker

Lars Stephan
Senior Manager Policy & Market Development
Fluence
United Kingdom

To Talk

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