This is a very useful summary of a 4,000 page document published by the EU specifically addressing Energy Storage. There are still some issues, such as 'double charging' not resolved, and the issue or ownership not to everyones liking. But there are many positives too, such the legal requirement for citizens to be able to generate and store electricity, encouraging prosumers. Also, the deployment of 2 Billion Euro's from the Horizon 2020 funding towards battery innovation and development in Europe.
The good news for battery energy storage is that the package, and in particular the proposals for a Directive and a Regulation on the Internal Market for Electricity, partially addresses these concerns. The proposals include several positive measures for energy storage: in particular, the package stimulates the empowerment of citizens who want to take control of their energy production, the so-called prosumers. The package includes the right for consumers to “generate, store, consume and sell self-generated electricity in all organised markets” (Electricity Directive, Art. 15), the recognition of the importance of aggregation and the proposal for a dedicated network code on demand response, aggregation and storage. The promotion of electricity scarcity prices reflecting actual demand and supply is also a fundamental pre-condition for storage, since they will send the right market signal and stimulate the deployment of energy storage systems.
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MPD01605
