Marion Labatut, director of policy issues, Eurelectric, highlights the trends in the European energy market and how regulatory frameworks are supporting the energy transition.
Overall, regulatory frameworks are supporting the energy transition however, investment frameworks need to allow greater investor certainty.
Trends to watch:
- Electrification is the mega trend fuelling Europe's decarbonised economy:
- Decarbonisation and investments from utilities will see massive increase in renewable energy
- Energy storage will be used to unlock the potential of decarbonisation and renewables
- Network digitalisation will allow utilities to adjust to what is happening at a local level and maximise flexibility resources at a decentralised level