Energy Storage and Storage facilities play a crucial role in the EU energy system contributing to the seasonal flexibility of the EU energy market and acting as a collateral against potential disruptions in the supply of energy. However, the value of storage has been challenged in recent years. According to the European Commission “Follow-up study to the LNG and storage strategy” this trend is a result of, inter alia, gas consumption’s weakening, narrowing summer/winter spread, converging energy prices across Europe, greater pipeline flexibility and hub liquidity. At the same time, many people agree that storage is becoming more and more important with the increase of intermittent energy from renewable sources in the EU energy mix.
The workshop is divided into two sessions.
The first session deals with the consequences of changing market conditions on the storage market and the adequate market design to flexible resources in order to fully capitalise on their potential.
The second session is devoted to the regulatory options that could be designed to provide the cleanest back-up to cope with the increasing variation of gas flows that the rising share of RES in the energy mix will trigger in the future low carbon energy system. The event will conclude by issuing policy recommendations.
The implementation of the EU Gas Network Codes (NC) requires an important effort from many participants of the market and sound competence and specialised resources. Join us to gain comprehensive knowledge about…
In this new 2-day residential course from the Florence School of Regulation, we provide an immersion in the legal and technical framework of the European hydrogen sector. Over the two…
Clean Molecules: Hydrogen, Biogas, Biomethane, Synthetic Gas Within the EU Green Deal vision and framework, renewable, low-carbon, and even emission-negative gases have a crucial role to play in decarbonising the…
To meet, discuss and learn in the channel that suits you best.
