The European Solar Energy Organization calls on member states to put solar energy and battery energy storage first when developing recovery and resilience plans to ensure that the EU’s proposed 672.5 billion euro post-stimulus plan is part of it.
Following the negotiations between the European Council of Ministers and the European Parliament’s Budget and Economic and Monetary Affairs Committee, the Solar Energy Industry Group published a paper on how to use recycled and flexible cash for photovoltaic and battery energy storage capabilities.
EU member states will receive support from the 672.5 billion euro plan based on the recovery and resiliency plan they must develop for this purpose. European solar companies stated that the strategy should use funds to support large-scale solar and energy storage, photovoltaic roofs, electrification of non-energy sectors, smart grids, solar manufacturing and skills training.
In addition to constant calls for cuts in licensing red tape, trade agencies also hope to conduct more renewable energy tenders, including hybrid procurement rounds that combine power generation and energy storage. Public funds support corporate power purchase agreements, and the National Investment Bank provides guarantees to reduce the risk of financing renewable energy projects.
European solar companies hope to enforce the use of photovoltaic power generation in all suitable new buildings, especially in the area of social housing, and encourage families and businesses to “take solar energy.” For such plans, it should include building integrated photovoltaic power generation and plans to promote energy-efficient building renovation, including subsidies for the installation of solar energy and energy storage.
The Brussels-based lobby is calling for incentives to encourage heat pumps and electric vehicles and distributed battery energy storage to help promote the electrification of industries such as construction, heating, transportation and industry. The trade agency also pointed out the International Energy Agency’s recommendation that grid investment should include licensing and planning reforms, raising borrowing thresholds, grants and tax incentives, skills training and R&D expenditures.
The trade agency promotes photovoltaic innovation through grants and subsidies, raises funds for start-ups and pilot projects, and provides “cost-competitive electricity” for large industrial projects, and once again called for solar manufacturing in Europe. Eurosolar also pointed to the solar manufacturing accelerator it launched in July, which highlights ten pan-European solar manufacturing projects.
The trade agency stated that coal mines should link their grid connections to innovative solar projects such as floating photovoltaics and agricultural photovoltaics. The renewable energy apprenticeship program is part of the “just transition” program, which includes retraining former fossil fuel workers. Incentive measures for clean energy sector skills.
Lobbying groups should include energy storage requirements in all new solar directives to reduce the amount of variable power that reaches the grid, and the application of minimum energy efficiency standards on existing buildings across the group will also help the spread of solar and energy storage.
Solarpower Europe added that for utility-scale battery projects, the grid code should be modified so that such systems can provide multiple grid ancillary services to benefit from its revenue stream-ideally, allowing batteries to extract electricity from the grid To maximize its flexibility.
According to the European Solar Energy Association, the European Union and its member states should identify the geographical areas where grid bottlenecks occur to help attract investors, and should update existing renewable energy incentive programs to enable the transformation of energy storage facilities in clean energy plants.