Amsterdam plans new energy storage industry

4 FAQs about [Amsterdam plans new energy storage industry]

Is there a roadmap for energy storage in the Netherlands?

In the Netherlands, there has also historically not been a roadmap or detailed industrial strategy with supportive legislation, policy, taxation reliefs, or investment incentives for the energy storage market.

Why does the Netherlands need energy storage?

“As the Dutch energy transition efforts accelerate, the demand for flexibility is growing also. The challenges to our electricity grid have never been greater. Without adequate energy storage, the Netherlands risks increasing grid instability and security of supply risks,” Lion Storage said in its announcement.

What is the energy storage roadmap?

The government responded to some of the feedback from market participants, issuing its first Energy Storage Roadmap in June 2023. Amongst other points, this recognised the important role that energy storage will play in the coming years and the importance of market participants coming together to develop a holistic approach for storage assets.

What is the EU''s electricity market reform plan?

In response to the recent volatility in the energy markets and longer-term changing nature of the electricity system, the EU Commission announced their electricity market reform plans in March 2023.

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