Supercharging the transition with energy storage solutions

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The EU is a proud champion of renewable energy. By 2023, almost a quarter of all the energy we consumed came from renewable sources – double the share in 2010, when it sat at 12.5%. Building on this progress and to keep the momentum, in 2023, EU countries set the binding target of achieving a share of at least 42.5% renewables in the energy mix by 2030.

Harnessing the energy of abundant renewable sources like the wind, the sun and our rivers offers a sustainable and crucial alternative to burning fossil fuels – allowing us to produce our own clean, secure and affordable energy in Europe. In 2024, almost half of our electricity needs could be covered from renewables. As we decarbonise our economy, the electrification rate needs to pick up significantly, and so will demand for storage solutions.

While renewable energy sources can’t be depleted in the same way as fossil fuels, they are ‘variable’, meaning their availability…

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