The Electricity Market Design Revision: Enabling energy storage for a carbon-neutral future

On 7 December 2022, over 200 participants attended webinar on electricity market design revision and joined the discussion on how it can enable energy storage for a carbon-neutral future. Representatives of EASE Policy team presented the latest EASE policy analysis paper "The Electricity Market Design Revision" and shared a list of changes identified to ensure a renewable-based and secure energy system. Speakers from Iberdrola, CellCube, Fluence and Enel X  joined to discuss the topic. 

In the past year, Europe has witnessed climate change-related crises, security of supply issues caused by rapid geopolitical developments, and unexpected price spikes that disproportionately fall on industries and consumers. A principal reduction of fossil fuel consumption is essential to solve these challenges: a new electricity market design enabling energy storage is critical to achieving this.

In the webinar recording find answers to how do we make sure energy storage can support achievement of carbon-neutral security of supply, help reach renewable targets, while having sufficient revenue streams to operate in a competitive market.