However, even if the renewable energy industry is ready to support EU’s ambitions, without rapidly scaling up market-ready energy storage technologies, the EU will be unable to achieve a net-zero power system, risking continued exposure to volatile fossil energy markets.

The EU urgently needs a massive and rapid roll-out of energy storage solutions. Some of the solutions we have today to balance renewable generation – mostly dispatchable fossil generation such as gas-fired power plants – run contrary to Europe’s climate, energy independence, and security of supply ambitions.