Call for Endorsement: Energy Storage Targets!

EASE has estimated that the European Union requirements for energy storage are approximately 200 GW by 2030, and 600 GW by 2050 (of which over two-thirds are a no-regret option for energy shifting provided by power-to-X-to-power technologies). Current market trajectories for storage will fail to meet these requirements if urgent measures to boost deployment are not taken now. Yet, energy storage is an essential component for enabling renewables integration and establishing a secure, low-emission and affordable energy system.

Several actors active across the renewables and energy storage value chain have already endorsed these energy storage targets.

If you are interested in endorsing the targets, reach out to e.cirule@ease-storage.eu

Without clear policy intervention, the EU will be unable to further renewables deployment without relying on gas imports providing flexibility. In turn, this will further jeopardise energy security and ultimately, the EU will fail to achieve its decarbonisation targets. Therefore, the EU urgently needs to adopt energy storage targets and a strategy to accelerate the necessary storage deployment today.

By endorsing energy storage targets, stakeholders can send a clear message: to avoid fossil fuel lock-in, policymakers should fully untap the potential of renewables and energy storage.

If you have questions regarding how EASE developed these targets, the following paper explains the methodology and rationale.