01 March 2018 – The European Commission and EASE (European Association for the Storage of Energy) organised a High-Level Roundtable on ‘Energy Storage and Sectoral Integration’. Friends of the Supergrid (Supergrid) was among the participants, which also included industry and research representatives.
Supergrid welcomes the organisers’ initiative and was happy to discuss the role of energy storage and sectoral integration in the transition to a low carbon economy.
“Ownership of storage assets should be open to all market actors, including grid operators” said Supergrid CEO and Chairman of the Board, Pierre Bernard, speaking at the event. He continued to claim that: “What is important here is the regulatory framework – it needs to focus more on preventing market manipulation through inappropriate use of storage assets rather than on avoiding the (theoretical) threat of collusion between operators and producers. The amendments to the Winter Package suggested by the Council seem to go in this direction and we hope that it will be reflected in the final version”.
Supergrid recognises the importance of electricity storage, regardless of the technology, in the development of a system with ever increasing RES integration. To help foster the development of storage, Supergrid is a.o. supporting and undertaking efforts in ensuring widespread energy education of consumers. The more consumers understand the issues, the more likely they are to be supportive of necessary infrastructure developments.
Supergrid announced during the event that it would like to continue making a difference and thus plans to organise a high-level restricted access Roundtable focused on the regulatory adjustments that will be necessary for storage to reach its full potential.
Supergrid is international non-profit based in Brussels that was created nearly a decade ago. It brings together representatives of the key sectors pertinent to the electric grid industry, representing a combined turnover of €200 billion and close to 1 million jobs. Its primary mission is to foster the development of widespread interconnection, which is a prerequisite to the energy transition.
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