What is Wärtsilä's energy storage project?

This is Wärtsilä’s first project in the Netherlands and one of the first of its kind anywhere in central Europe. As the largest energy storage project in the Netherlands to date, it will store the equivalent of the annual energy consumption of more than 9,000 households each year and reduce annual carbon dioxide emissions by up to 23,000 tonnes.

What do market participants want from energy storage solutions?

Market participants also indicated that they wanted national targets set for energy storage solutions, and more efficient permitting procedures to support them in the development of storage assets. The government responded to some of the feedback from market participants, issuing its first Energy Storage Roadmap in June 2023.

Does the EU have a target for energy storage assets?

While the EU Commission has not yet set specific targets for energy storage assets, as part of the electricity market reform plans they announced a list of recommendations on energy storage. These recommendations offer member states guidance on how best to exploit the potential of energy storage.