Close Menu
  • News
  • Industry
  • Solar Panels
  • Commercial
  • Residential
  • Finance
  • Technology
  • Carbon Credit
  • More
    • Policy
    • Energy Storage
    • Utility
    • Cummunity
What's Hot

5% safe harbor back on the table for large solar projects

June 9, 2026

Avangrid’s Tower Solar achieves interconnection in Oregon | Projects Weekly

June 8, 2026

Ex-Ripple Energy assets are managed by the Ethex platform

June 8, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Solar Energy News
Tuesday, June 9
  • News
  • Industry
  • Solar Panels
  • Commercial
  • Residential
  • Finance
  • Technology
  • Carbon Credit
  • More
    • Policy
    • Energy Storage
    • Utility
    • Cummunity
Solar Energy News
Home - Energy Storage - AccelerateEU ​​​​supports the 200 GW storage target, but omits a special mechanism – SPE
Energy Storage

AccelerateEU ​​​​supports the 200 GW storage target, but omits a special mechanism – SPE

solarenergyBy solarenergyApril 24, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The European Commission’s AccelerateEU ​​energy crisis plan endorses a target of 200 GW of battery storage by 2030, but does not propose a specific financing mechanism to achieve this, according to SolarPower Europe (SPE), which calls for a separate EU-wide auction funded by revenues from emissions trading.

April 24, 2026
Brian Publicover

The European Commission’s new AccelerateEU ​​package supports a target of 200 GW of battery storage by 2030, but SolarPower Europe says the plan still lacks the dedicated financing mechanism needed to translate that ambition into implementation.

SolarPower Europe says the block would still only reach around 160 GW in 2030 under the medium scenario, falling short of the target even after a sixfold increase from the installed 77 GWh at the end of 2024.

“No, we need a separate instrument, funded by ETS revenues that are part of the ETS revision in July,” said Dries Acke, deputy CEO of SolarPower Europe, when asked whether AccelerateEU ​​can close the funding gap identified by the association.

SPE is calling for part of the European Commission’s proposed €30 billion ($35.1 billion) ETS Investment Booster – a fund financed by around 400 million EU ETS allowances – to be spent on an EU-wide auction for battery storage and non-fossil flexibility.

The European Commission’s communication, published this week, sets a target to expand storage capacity in the EU from 55 GW today to 200 GW by 2030, describing batteries as playing “an important role” in that growth.

It proposes a Clean Energy Investment Summit, focused on storage, among other things, and general support from the European Investment Bank. It contains no specific procurement mechanism, no auction framework and no mandatory obligation for Member States for the deployment of storage.

See also  EOS enters the British market in Mou with Frontier Power

The lack of obligations at national level is the structural gap that SPE identifies. Flexibility support schemes for non-fossil generation exist in the design of the EU electricity market, but Member States are allowed rather than obliged to create them.

Data from SolarPower Europe shows that in 2025, only 11 out of 27 Member States had active battery energy storage support programs, amounting to almost 70 GWh allocated through at least five different financing instruments: recovery and resilience plans, modernization funds, regional development funds and national innovation tenders. Sixteen Member States had no active scheme.

The largest volumes were allocated in Poland, which allocated 14.5 GWh through its Recovery and Resilience Plan, Bulgaria with 13.7 GWh through the Modernization Fund, and Italy with 10 GWh through its MACSE mechanism. Germany, despite being Europe’s largest economy, has allocated around 1 GWh through innovation tenders.

From 2024 to 2026, SolarPower Europe will do that repeated call For a much larger battery fleet, steady evidence of accelerated deployment of storage in the EU, and the European Commission’s AccelerateEU ​​initiative, together point to a shift from simply locating the storage gap to treating flexibility as a central part of Europe’s energy security strategy.

This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Source link

AccelerateEU mechanism omits SPE special storage supports target
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
solarenergy
  • Website

Related Posts

Ex-Ripple Energy assets are managed by the Ethex platform

June 8, 2026

CIP sells minority stake in 1GWh Scotland BESS to the government

June 8, 2026

UK government considers community grant for battery storage

June 5, 2026
Leave A Reply Cancel Reply

Don't Miss
Technology

Japanese scientists build heterojunction solar cell based on titanium dioxide and selenium – SPE

By solarenergySeptember 10, 20240

Scientists in Japan developed a 4.49% efficient solar cell based on titanium dioxide and selenium.…

Data shows that China will install a record amount of renewable energy by 2024

January 21, 2025

Whes releases new C&I storage system Series – PV Magazine International

June 25, 2025

Sungrow is expanding activities in Mena region

February 17, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

5% safe harbor back on the table for large solar projects

June 9, 2026

Avangrid’s Tower Solar achieves interconnection in Oregon | Projects Weekly

June 8, 2026

Ex-Ripple Energy assets are managed by the Ethex platform

June 8, 2026

TOYO launches a $357 million, 1.5 GW HJT solar cell factory in Houston

June 8, 2026
Our Picks

5% safe harbor back on the table for large solar projects

June 9, 2026

Avangrid’s Tower Solar achieves interconnection in Oregon | Projects Weekly

June 8, 2026

Ex-Ripple Energy assets are managed by the Ethex platform

June 8, 2026
About
About

Stay updated with the latest in solar energy. Discover innovations, trends, policies, and market insights driving the future of sustainable power worldwide.

Subscribe to Updates

Get the latest creative news and updates about Solar industry directly in your inbox!

Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2026 Tsolarenergynews.co - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.