Harnessing the energy of abundant renewable sources like the wind, the sun and our rivers offers a sustainable and crucial alternative to burning fossil fuels – allowing us to produce our own clean, secure and affordable energy in Europe. In 2024, almost half of our electricity needs could be covered from renewables. As we decarbonise our economy, the electrification rate needs to pick up significantly, and so will demand for storage solutions. While renewable energy sources can’t be depleted in the same way as fossil fuels, they are ‘variable’, meaning their availability fluctuates. It is therefore important that we invest in technologies that help address this. That’s where energy storage solutions, such as batteries, have a vital role to play. Technological developments and market uptake have already had a positive impact on the storage sector: the costs of battery storage are down by 93% since 2010, according to the International Renewable Energy Agency (IRENA).