Europe’s Energy Storage Market Is Fading, Right When It’s Needed Most
GreenTechMedia
NOVEMBER 9, 2020
The European Commission, the executive branch of the EU, forecasts that between 230 and 450 GW of offshore wind power will be needed by 2050 in order to hit that net-zero target. “Particularly over the 2020 coronavirus lockdown months, we witnessed the impact of high VRE on the system, resulting in low and negative power prices.
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