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Increased EU support for energy storage policies, key to energy storage expansion in Europe

Increased EU support for energy storage policies, key to energy storage expansion in Europe

As European governments remove regulatory barriers and the European Union (EU) promises financial support for this emerging technology, European policy support for battery energy storage is increasing. In some countries, revised capacity markets now allow energy storage operators to compete with power plants for subsidy contracts on a more equal basis. In 2020 alone, European Battery Union support and Euro1 …

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