Balkans | Europe could risk blackouts and higher bills if it does not invest enough in storage

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Balkans |  Europe could risk blackouts and higher bills if it does not invest enough in storage

The importance of energy storage systems has increased, said Clerens, Secretary General of the European Energy Storage Association, “Countries that do not invest in energy storage in Europe may experience blackouts and high bills.” He said.

Patrick Clairens, Secretary General of the European Energy Storage Association, told Anadolu Agency (AA) that energy storage systems will play an important role in the costs faced by consumers.

Clarence noted that by the end of the next 10 years, Europe will face pressure to invest in more energy storage, “in order to solve problems such as the expansion of electricity generation from renewable energy in Europe, solve bottlenecks in the grid, and eliminate congestion in the transmission of electricity.” And to stop production in order to balance the grid, investments need to be made. In the worst-case scenario, countries that do not invest in enough energy storage in Europe may suffer blackouts and high bills.” He said.

Expressing that there will be very strong and rapid growth in the energy storage systems sector for various reasons, Clarence said: “First of all, as the market grows, as technological developments increase and costs decrease, demand will rise very quickly, which will further accelerate installations. In addition, European countries will focus on energy storage systems to reduce their dependence on fossil fuels and achieve carbon targets.Thus, with the acceleration of political and legal processes, suitable investment environments will be created for these systems, including long-term storage options.As a result, even forecasting needs Storage of 100-150 GW by 2030 may be insufficient. In the coming years, storage systems will emerge as highly competitive solutions. Make an evaluation.

Entering a new juncture in battery technologies, Clarence emphasized, “Currently, lithium-ion technologies are dominating the market. With the commercialization of new technologies in the coming years, technologies that offer long-term storage solutions can be expected to come to the fore. These include flow batteries, energy storage thermocouples, compressed air storage systems and liquid air storage systems.” He used his remarks.

Increasing investments in the battery sector

Andreas Görtz, Head of Sustainable Energy Unit at Rolls-Royce Solutions GmbH, states that battery storage systems are suitable for use in the stages of electricity generation and consumption, and said: “Basically, energy storage systems are of crucial importance in order to achieve system balance in electricity networks where Production from renewables is high.”Storage systems have a cycle that will grow in importance as they become more widespread, as they provide vital contributions to the user and the grid beyond subsidizing renewable energy.” he said.

Storage systems also offer various solutions for industrial enterprises, power generation facilities and residential users, said Goertz, “Storage systems contribute to electricity generation especially for businesses. Storage helps reduce fuel consumption and cost of natural gas or diesel power and heat generation systems. It provides a shaving peak of By providing electricity supply at a time when the enterprise’s electricity demand is most intense.In addition, it provides an opportunity to supply during periods when electricity rates are the highest, thus reducing the enterprise’s electricity bill.” He said.

Stating that the investments that will be made in the battery sector will increase in the future, Gorts said: “These systems enable excess energy to be stored and enable electricity to be provided to the grid when needed. It also contributes to balancing the grid by responding to fast electricity supplies and frequency needs. Especially for For industry and businesses, using a lithium-ion battery system instead of a gas-fired production facility saves 30 percent in capital costs and 40 percent in operating expenses.” Use his statements.

AA

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