Energy Storage News•4 months ago
EU ‘Made in Europe’ regulation welcomed but ‘will not remove dependency on China’
- •The European Commission (EC) is proposing new domestic content requirements for energy storage.
- •This policy is expected to significantly impact the European energy storage industry, potentially affecting project costs and supply chain strategies for developers and large power consumers.
- •Despite the 'Made in Europe' initiative, the EU's overall dependence on China for energy storage components is not expected to be fully removed.
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