EU is wasting free energy as industry flatlines

By Victor Jack | 02/25/2025 06:25 AM EST

Without long-lasting and widely available storage, Europe will struggle to solve its energy price conundrum.

A technician works on ECO STOR energy storage units.

Rolling out energy storage at the scale needed will require more EU help, advocates say. Axel Heimken/AFP via Getty Images

VILVOORDE, Belgium — Hidden behind two giant cooling towers in a mothballed gas power plant, a sea of rectangular boxes holds the key to solving one of the EU’s most vexing challenges: Energy is being squandered.

The containers, each weighing 26 tons and stretching as far as the eye can see, are packed with lithium batteries. Together, they will soon make up the largest battery storage park in Europe.

The EU desperately needs the project.

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The bloc is building renewable energy at a record pace, but it can’t always use the power that wind and solar plants create. Sometimes the demand isn’t there, so the energy is simply lost as electricity can’t always be stored.

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