In mid-July, 10 global and European organizations with decades of experience in energy markets released an open letter regarding the REPowerEU plan and the urgent need to rethink the structure of European energy markets. The letter outlined why Europe needs a rapid rollout of technologies that increase grid flexibility, such as battery-based energy storage, and strong targets and policy frameworks for support. Lars Stephan, policy and market development manager (EMEA) at Fluence – the lead organization behind the letter – provides a real-life case study from the German energy market.
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