Maroš Šefčovič, speaking at the EASE Energy Storage Global Conference in Brussels, Belgium. Image: Maroš Šefčovič via LinkedIn
Energy storage must play a central role in enhancing Europe’s energy security, enabling integration of renewable energy and lowering power prices, according to European Commission (EC) Vice President Maroš Šefčovič.
Šefčovič gave a speech yesterday at the Energy Storage Global Conference in Brussels, an industry event hosted by European energy storage trade association EASE.
“Europe is facing challenging times. Russia’s unjustified war against Ukraine is driving up the price of energy, food and other basic commodities, and is triggering supply chain disruptions,” the Slovak diplomat’s speech began.
“It is causing instability, and risks spilling over into our economies as a whole and provoking social…