Europe must support role of long-duration energy storage in electrification, security and competitiveness, trade groups say
AI-summarised brief · reviewed before publication
The European Commission has been urged by ten trade groups to acknowledge the crucial role of long-duration energy storage (LDES) in the EU's energy transition. The groups argue that LDES is essential for providing reliable baseload power, maximising renewable energy use, and supporting the electrification of industry. They also claim that LDES can become a significant industry and driver of economic growth in Europe, with potential benefits including manufacturing, supply chains, and technical expertise development.
💡 Why It Matters
- · The EU's energy transition goals are at risk of being undermined by the lack of consideration for long-duration energy storage, which could lead to costly renewable energy curtailment and undermine the bloc's energy security.