Eu energy storage Wallis and Futuna

What is the cooperation between Wallis and Futuna?

Until 2014, cooperation between Wallis and Futuna and the European Union (EU) focused on opening the Territory by strengthening maritime services and port infrastructure. This cooperation continued during the 2014-2020 programming period with support for the creation and development of the digital sector.

What does the European Commission say about energy storage?

The Commission adopted in March 2023 a list of recommendations to ensure greater deployment of energy storage, accompanied by a staff working document, providing an outlook of the EU’s current regulatory, market, and financing framework for storage and identifies barriers, opportunities and best practices for its development and deployment.

Where are the Wallis and Futuna Islands located?

The Wallis and Futuna Islands, nestled in the South Pacific, are a French overseas collectivity. They are divided into 3 main islands and customary kingdoms: Wallis (Uvéa), Futuna (Sigave and Alo). The capital, Mata Utu, is located on Wallis. In 2018, these lands were home to approximately 11 500 people.

How much energy storage capacity does the EU need?

These studies point to more than 200 GW and 600 GW of energy storage capacity by 2030 and 2050 respectively (from roughly 60 GW in 2022, mainly in the form of pumped hydro storage). The EU needs a strong, sustainable, and resilient industrial value chain for energy-storage technologies.

What is the energy storage database?

The database includes three different approaches: Energy storage technologies: All existing energy storage technologies with their characteristics. Front of the meter facilities: List of all energy storage facilities in the EU-28, operational or in project, that are connected to the generation and the transmission grid with their characteristics.

How much flexibility is needed in the EU electricity system?

The need for flexibility in the electricity system will increase significantly in all EU countries, reaching 24% (288 TWh) of total EU electricity demand in 2030 and 30% (2 189 TWh) by 2050 across all timescales (from 11% in 2021).