Flow batteries were included in the Battery Passport following the final vote of the European Parliament and Council of the European Union.
This is a success for FBE and for the thriving flow battery industry. As reported by the LDES Council, by 2040 long duration energy storage need to have scaled up to ~400 times present day levels to 1.5 - 2.5 TW (85–140 TWh) and consequently, between 2022 - 40, $1.5 trillion - $3.0 trillion of total investment in LDES will be required.
It is important that the Batteries Regulation sets the right legislative framework for the energy storage deployment to thrive in the European Union. The inclusion of flow batteries in the provisions will allow for a more comprehensive comparison of energy storage technologies without disincentivising the use of flow batteries for energy storage applications. Flow batteries are a safe, cost-effective and sustainable technology. Customers will now be able to compare the benefits of flow batteries against other batteries based on objective and standardised criteria across the EU.
“We are glad the legislators heard our concerns” said Anthony Price, Secretary General of Flow Batteries Europe. “The inclusion of flow batteries will benefit not only the flow battery industry but the entire European energy system as finally the European Union will have a future proof legislation that sets the basis for a sustainable EU battery value chain.”
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