EASAC launched a policy report titled Valuing Dedicated Storage in Electricity Grids on Monday 19 June at the start of EU Sustainable Week (EUSEW). The launch took place the Palace of the Academies, Brussels, Belgium and was followed by an event within the EUSEW policy conference on 21 June.
EASAC’s team of scientists nominated by Europe’s 28 national science academies has been working for two years to develop an independent view for EU policy makers of the value of dedicated storage on electricity grids from a scientific perspective. Their report concludes that the value of storage is system dependent and that it can contribute to balancing, reserves, capacity and generation adequacy as well as congestion management. However, in electricity markets, it must compete with flexible generation, demand response, interconnections, and curtailment.