Corre Energy calls for European LDES policy
- Admin
- Jul 23, 2024
- 1 min read
Corre Energy calls for implementation of long duration energy storage friendly policies in Europe. Keith McGrane, the CEO, emphasizes the importance of LDES in balancing supply and demand of renewable energy sources. LDES aims to facilitate Europe's transition away from fossil fuels, reduce electricity generation costs, enhance security of energy supply, and cut emissions. Corre Energy's policy requests focus on legal definitions, targets, asset class creation, permitting processes, funding, and best practices for energy storage projects.
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