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- W2885273921 abstract "The chapter discusses the EU regulatory framework governing electricity storage. The obligation to reduce greenhouse gas emissions and the subsequent increase of electricity production from intermittent renewable energy sources is causing problems for balancing demand and supply, thus also balancing networks. Electricity storage is key to managing any excess electricity production and avoiding negative prices. However, this development takes place in a liberalized energy market, where network operators must act independently from production and supply. Establishing the purpose of electricity storage and where storage can or should be placed is crucial. The authors present the reasons for and the types of electricity storage available; analyse the EU legal framework ; identify potential obstacles; and present pros and cons for positioning storage in the electricity system. Finally, they discuss whether the EU Commission’s proposal to legislate electricity storage meets the requirements for providing cost efficiency and thus provides sufficient regulatory certainty." @default.
- W2885273921 created "2018-08-22" @default.
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- W2885273921 date "2018-05-24" @default.
- W2885273921 modified "2023-09-25" @default.
- W2885273921 title "Regulating Electricity Storage in the European Union" @default.
- W2885273921 doi "https://doi.org/10.1093/oso/9780198822080.003.0009" @default.
- W2885273921 hasPublicationYear "2018" @default.
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