Battery Energy Storage Systems (BESS) as a Key Flexibility Provider

Switching to renewable energies is an important step in combating the impending climate crisis while simultaneously strengthening energy independence. The EU intensively promoted the of renewable energy over the last two decades. In 2022, the share of renewables in EU energy consumption rose to a record high of 23 percent from a share of only about 10 percent in 2005. This progress is further driven by the European Commission's 2023 update to the Renewable Energy Directive with a target for renewable energy for 2030 of 42.5. percent It is in line with the European Commission's overarching climate target of reducing greenhouse gas emissions by 55% by 2030 and achieving climate neutrality by 2050. Power accounts for about 21% of the EU's final energy consumption. The remaining is used for other purposes such as heating, cooling, transportation, and direct industrial processes. For power production, the share of renewables is even higher, with about 37 percent of electricity coming from renewable sources.