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.
With the Renewable Energy Value Track we can jointly establish transparency and create coalitions to implement new solutions that speed up the energy transition and help achieve a fully carbon neutral economy within the European Union. Based on preliminary research, the Shared Purpose of the Value Track will focus on innovative energy storage solutions that provide communities with daily access to clean energy.