To urge the European Commission to develop a comprehensive strategy for energy flexibility, the European Parliament has adopted two strategic documents – a resolution on the Net-Zero Industry Act and its own report on electricity networks. With the adoption of these documents, Members of the European Parliament (MEPs) are calling for stronger alignment between climate objectives and the competitiveness of European industry.
Particular emphasis has been placed on the Industrial Decarbonisation Bank (IDB), which the European Parliament sees as a key mechanism for boosting investment in clean technologies. The need to strengthen cross-border energy infrastructure and markets is also highlighted, as well as the importance of accelerating administrative procedures and supporting smaller projects. MEPs are also calling for a more efficient EU Carbon Border Adjustment Mechanism (CBAM) to protect the EU market from unfair competition from third countries.
According to Artur Daemers, Senior Policy Advisor at SolarPower Europe, the European Parliament has sent a clear message to the Commission – You must do more on flexibility.
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As noted by this organization, the Net-Zero Industry Act covers key areas – accelerating the development of renewables, electrifying industry, and building new grids – but additional effort is needed for energy storage and flexibility to reach the required level.
SolarPower Europe emphasizes the urgent need for the expansion of battery systems. At the European level, battery storage capacities need to increase tenfold in the next five years. This would reduce energy market volatility, enable industrial decarbonization through renewable sources, and enhance energy security by reducing dependence on fossil fuel imports and strengthening domestic clean energy resources.
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