stoRE aims to facilitate the realization of the ambitious objectives for high penetration of intermittent renewable energies in the European grid by 2020 and beyond by unblocking the potential for energy storage infrastructure. Energy storage, as part of an integrated approach including grid reinforcement and demand management, brings advantages to the electricity system. It helps accommodate higher percentages of intermittent renewable energy by balancing the supply and demand and improving the power quality.
stoRE will deal with the non‐technological barriers to energy storage, creating the right regulatory and market framework conditions that will give incentives for the development of energy storage infrastructure to the extent necessary for the accommodation of the planned renewable energy installations to the electricity grid. This is fully in line with the IEE 2010 work‐programme that calls for actions to support the new RES Directive, which explicitly mentions the obligation of Member States to develop energy storage facilities.
A consensus among all key actors will be reached about the necessary adaptation of the European Energy framework and policies, developing concrete recommendations and plan their implementation with key decision makers. Similar work will be done in the six, carefully selected target countries (Germany, Spain, Greece, Ireland, Denmark and Austria), leading to concrete improvements of the policies, legislation and market mechanisms.
The possible positive and negative impacts of the different energy storage options on the environment will be also assessed and the considerations of the relevant actors will be taken into account. Finally, consultation processes, policy debates and communication activities will ensure that the project is open to all key actors and target groups, with results representing the whole energy sector.