The latest report from the European Energy Storage Association points out that the current capacity of battery energy storage systems in the EU is only slightly above 50GWh, but by 2030, this number needs to increase tenfold to reach 500GWh to 780GWh in order to match the rapidly expanding demand for solar and other renewable energy sources.

The CEO of the association, Wahlberg Hemetzberg, emphasized that energy storage deployment must be synchronized with the growth rate of photovoltaic installed capacity, otherwise the EU's energy transition process may be hindered.

To accelerate the development of the energy storage industry, SolarPower Europe has officially launched the "European Battery Energy Storage Platform" initiative. This platform aims to promote policy coordination at the EU level, optimize energy storage investment and market frameworks, and ensure sustainable development of the industry.

Energy storage has become a key element of energy security and competitiveness for the European Union, and if action is not taken immediately, the energy transition may come to a halt, "said Zhu Xi Dion Sud, the newly appointed platform manager

The platform has received strategic support from renewable energy insurance brokers, Norwegian State Power, and German companies. In the future, the platform will be open to SolarPower Europe members and welcomes more companies to participate in cooperation.

If the EU wants to achieve its renewable energy goals by 2030, energy storage systems need to undertake key tasks such as grid regulation and balancing intermittent energy. The launch of this initiative marks the acceleration of the energy storage industry in the European Union. (This article is from the official website of Jian Dao www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website strategy column editor/Yang Beihua