1、Energy Storage Targets 2030 and 2050Ensuring Europes Energy Security in a Renewable Energy SystemAs Europe accelerates its ambitions to achieve climate neutrality by 2050,the energy system is set to look very differentfrom the one we see today.Driven by ambitious climate targets,the electricity sect

2、or especially is taking great stridesin reducing greenhouse gas emissions by replacing fossil fuel generators with renewables.However,the inherentvariability of wind and solar generation brings with it new challenges.The electricity system needs to become muchmore flexible than it is today to accomm

3、odate the rising share of renewables and new flows of electricity that comewith it.Variable production of wind and solar means renewable deployment alone will not eliminate fossil fueldependence,as backup gas generators are used to cover renewables energy shortfalls at times of low production.Ifthe

4、EU is to meet its climate targets in time and integrate even higher shares of renewables as stated in theREPowerEU plan,reliance on fossil fuel imports and backup gas generation must be replaced with alternative lowemission solutions.Energy shifting and flexibility services provided by energy storag

5、e are indispensable for system reliability and securingsupply of energy to cope with moments of low renewables and also maximise renewable utilisation at times of highproduction.While flexibility services can also be provided by other technologies,energy storage is the only solutionable to provide t

6、he essential energy shifting service which is one of the key solutions to minimising curtailment ofrenewable energy.This will ensure a self-sufficient European energy economy by maximising utilisation of localrenewables,reducing reliance on external fossil fuel imports,in turn alleviating the high e