Key trends in this Presentation include: As renewables intermittency increase in the EU power mix, there will be a business opportunity for cost-competitive storage technologies alongside investment in interconnection and demand side management. In a context of slow development of the regulatory framework, pumped-hydro storage will drive most of the investments coupled with grid-application storage projects. Similar to storage project activity in the US market, the storage market in Europe will be driven mainly by utilities in the near-term as they seek to reinforce their grids. Few IPPs have sought to integrate energy storage technologies with renewable projects owing to the lack of direct financial incentives.
Key trends in this Presentation include: