Monday, 20 July 2026 · World
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EUROS The World Financial Report
Nº 9 Monday, 20 July 2026 · World Edition
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Commodities

Energy Storage Key To Avoiding The Next Energy Crisis

Oilprice.com · 17h ago · 🇪🇺 Eurozone
Energy Storage Key To Avoiding The Next Energy Crisis

Europe is working hard to increase the share of renewables in the continental energy mix. European Union nations have been working to add wind and solar capacity as quickly as possible against the backdrop of oil price shocks and supply chain volatility, and have made considerable progress in indigenous renewable installations. However, all of that additional capacity has outpaced the addition of supportive infrastructure like energy storage systems, leading to wasted surplus energy at peak production hours and increasing incidence of negative…

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