Renewable Energy

Renewable Energy

Innovative storage solutions provide communities with daily access to clean energy.

Innovative storage solutions provide communities with daily access to clean energy.

The reduction of CO2 emissions is an important but challenging goal for the countries in the European Union. Current technology, business models, consumer behavior and regulation will not suffice. Deep investments in new technology and innovative solutions are needed – including a new market design. An energy system driven by renewable energy sources needs to be flexible and decentralised and this requires energy to stored and converted.

Energy storage is the backbone of the energy transition: as the missing link between intermittent renewable power and 24/7 reliability, to relieve net congestion and smooth out the variations in power and to create a more flexible (micro) grid. Technology development and business innovation make solutions feasible and scalable, with cost of storage falling. Despite the consensus about the need for a more flexible energy system, the market is slow to develop. This is a concern, as it may cause knowledge and expertise to move away to where market and investment are more readily available. Taking with them the talent and innovative solutions we need. Not just to get us out of the current crisis, but to address the longer term climate crisis facing us.

CALL TO ACTION!

We envision the future energy system as a decentralised and democratic platform of which energy storage and conversion are an integral part. Energy storage is the backbone of the energy transition: as the missing link between intermittent renewable power and 24/7 reliability, to relieve net congestion and smooth out the variations in power and to create a more flexible (micro) grid.

Technology development and business innovation make solutions feasible and scalable, with cost of storage falling. Despite the consensus about the need for a more flexible energy system, the market is too slow to develop.

This is a concern, as it may cause knowledge and expertise to move away to where market and investment are more readily available. Taking with them the talent and innovative solutions we need. Not just to get us out of the current crisis, but the longer-term climate crisis facing us.

A coalition of representatives from FME/Energy Storage NL, Invest-NL, TenneT, Alliander and (startup) companies Alfen, Mott MacDonald, PowerD, QuinteQ Energy, Elestor, Emmett Green, Kode21 and Greener has identified pieces of the puzzle by working on four business cases.

Our Call to Action is to set up a dedicated public-private taskforce to develop a comprehensive strategy to push the market for storage of energy forward.

Interested in this Call to Action?

Contact Linda van Duivenbode (linda.van.duivenbode@ideasfrom.eu)

Renewable Energy

Linda van Duivenbode

Lead Renewable Energy

'Energy storage and conversion allows us to speed up the energy transition and help achieve a fully carbon neutral economy within the European Union.'