![]() ![]() These principles were subsequently reflected in the Clean energy for all Europeans package, adopted in 2019. The Commission published its first guiding documents on a definition and principles for energy storage in June 2016, followed by a staff working document in 2017 on the role of electricity in energy storage. The uptake of electric vehicles can for example ensure balancing services to the electricity grid and power homes and thermal storage can contribute to energy system integration and to the decarbonisation of the heating and cooling sectors. It can also facilitate the electrification of different economic sectors, notably buildings and transport. In fact, models show an important relation between increasing renewable energy deployment and flexibility in the energy system.īesides being an important flexibility solution, energy storage can reduce price fluctuations, lower electricity prices during peak times and empower consumers to adapt their energy consumption to prices and their needs. ![]() Flexibility solutions can adjust demand and supply by allowing excess electricity to be saved in large quantities over different time periods. This balance is necessary in all electricity grids to maintain a stable and safe supply. It should be characterised by improved energy efficiency and the massive and rapid deployment of variable renewable energy generation and will require more flexibility, understood as the energy system’s ability to adapt to changing needs of the grid and manage variability and uncertainty of demand and supply across all relevant timescales.Īt any moment in time, the consumption of electricity has to be perfectly matched with the generation of electricity. To achieve EU’s climate and energy targets, decarbonise the energy sector and tackle the energy crisis (that started in autumn 2021), our energy system needs to undergo a profound transformation. ©AdobeStock(GinaSanders/dia /NOWRAphotography) ![]()
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