COP28 event outlines Supercharging Battery Storage Initiative: Priorities and Action Plan

The importance of battery storage in the global energy transition and the need for closer cooperation at international level were the main messages from an event this morning in the margins of the COP28 Conference in Dubai. Organised by the Clean Energy Ministerial (CEM) and the Australian Ministry of Energy, the event outlined the Supercharging Battery Storage Initiative, recently launched by the CEM, which aims to boost stationary battery storage development and deployment, and reduce technology costs, in order to build a diversified, sustainable, responsible, secure and transparent supply chain, to promote grid stability and reliability and to support the integration of renewable energy globally. Today’s meeting discussed the priorities and plans to guide the implementation of this ground-breaking initiative, looking in particular at ways of improving international cooperation. The event brought together a diverse array of stakeholders and policymakers.

Speaking on behalf of the EU, the Director-General at the Commission’s DG Energy, Ditte Juul Jørgensen underlined that EU progress on energy storage, electricity markets and related global supply chains is well aligned with the initiative. She made clear the EU’s commitment to work with key partners to promote battery storage to help tripling of renewable capacities, enabling to reach global climate objectives.

Related links:

• Supercharging Battery Storage (Clean Energy Ministerial)
• Energy storage in the EU
• Opening event: Powering the clean energy transition