Project Name: Analyzing and Promoting Energy Storage Solutions, Developing Tools to Mitigate the Intermittency of RES, Contributing to an Accelerated Transition to Renewable Energy and More Balanced Electrical Grids – StoreMore
Project Partners: Implemented in 10 countries and involved 13 partners
Expected results:
StoreMore project aligns closely with the aims and accomplishments of the Interreg Danube STRIDE initiative, which successfully advanced understanding of smart grid concepts and supported their integration into regional and local policies across the Danube region. Through STRIDE’s knowledge transfer and development of planning tools, local policy makers have received crucial assistance in improving energy planning, a foundation upon which we aim to further build. STRIDE’s focus on smart grid concepts is highly complementary to our project’s focus on energy storage solutions, as the integration of these solutions into a smart grid is an essential aspect of fully realizing the potential of renewable energy sources.
The first result will be empowering organizations with increased institutional capacity due to their participation in cooperation activities across the borders. Secondly, the developed solutions are sustainable and have a leverage effect on investment in RES storage.
RES Optimization tool will be implemented and tested on RES sites within the partnership and by RES operators external to the partnership. External piloting and tool usage after project closure will be documented and followed-up. After the testing and fine-tuning phase, the tools will be open for the public for use.
About project: StoreMore project is co-financed by the European Regional Development Fund (ERDF), under the Interreg Danube Region Programme and co-funded by the European Union.
Under the framework of the EUSDR Action Plan 2.1, StoreMore project is dedicated to assisting each country in the region in meeting its national targets by 2030, contributing to the European Union’s ambitious goal of achieving 30% renewable energy usage by the same year, while adhering to the National Emission Ceilings.
The project’s strategic direction is to expedite the transition towards a renewable energy-based economy in the Danube Region by enhancing energy storage capacities to alleviate the intermittency of Renewable Energy Sources (RES) and push towards a more balanced electricity grid. This is a pressing need as increasing the share of RES in electricity production requires a more balanced supply of these energy sources. This balance is only achievable through a diversified portfolio of electricity storage options.
StoreMore project is focused on developing and promoting these alternatives. We are committed to researching, developing, and implementing novel, sustainable technologies that promise a much smaller environmental impact than traditional batteries.
Proposed Outputs and Beneficiaries: StoreMore project will yield two significant outputs. First, we’ll provide a ready-made selection of scalable and modular options for alternative electricity storage that are not only effective but also environmentally responsible. Alongside this, we’ll deliver a modelling tool for planning energy storage systems equipped with these innovative, eco-friendly solutions, tailored to meet the needs and parameters of RES operators. Secondly, we will offer a Renewable Energy Sources (RES) optimization tool that leverages the yet underutilized potential of Artificial Intelligence applications in renewable energy combined with energy storage. These initiatives will primarily benefit RES operators, enabling them to manage energy more efficiently and sustainably, contributing to a more eco-friendly, renewable energy-based economy.
Project objective: The projects main objective is to increase the share of RES in the Danube region by tackling a major obstacle to further growth of RES: the problem of energy storage.
Project implementation period: 01/01/2024 – 30/06/2026
TOTAL BUDGET: 2.178.580 EUR