From:ESJ
EU URGED TO ADOPT CLIMATE LAWS TO EXPAND STORAGE
March 31, 2022: Industry members of the European Battery Alliance said on March 23 that EU leaders must move quickly to adopt new climate laws, to encourage increased investment in stationary battery storage projects.
The EBA said the European Commission’s ‘fit for 55’ plan — a package of proposed laws aimed at achieving a 55% net cut in emissions by 2030 — should be enacted swiftly, to promote an expansion of stationary storage at grid level and roll-out widespread development of integrated vehicle-to-grid systems.
Energy storage and batteries have the potential to deliver a 100% renewable energy system, representatives of the EBA’s more than 750 battery industry member organizations said in a joint statement.
“Both the Covid pandemic and war in Ukraine have highlighted the fundamental need for resilient industrial value chains, including batteries, for the EU’s economic growth and decarbonization as well as for its strategic autonomy,” the statement said.
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