Revolutionizing energy storage: Repono and EIT InnoEnergy build a greener future

7. 03. 2024 | Natalie Bezděková

Repono, a new entrant in the European energy storage market, was created by bringing together EIT InnoEnergy, a leading innovation player in sustainable energy, with other key partners. Its aim is to standardise and accelerate the deployment of large-scale energy storage systems (ESS) across Europe, enabling the efficient use of surplus renewable electricity and stabilising energy prices.

The Repono project aims to capture a 10% share of the European market with a projected volume of 1 terawatt hour (TWh) in 2030.

The European Commission has set ambitious greenhouse gas emission reduction targets, which requires a significant increase in the share of electricity from renewable sources. Electricity storage is key to the success of this transformation, as it allows to smooth out fluctuations in renewable electricity production.

Repono’s CEO, Rasmus Bergstrom, points out that the current energy infrastructure is not ready for a massive transition to renewables. Repono is therefore focusing on three main areas: strategic management of storage capacity, provision of balancing services for grid stability and integration of energy storage into power purchase agreements (PPAs) for industrial companies.

According to Marcin Wasilewski, CEO of EIT InnoEnergy in Central Europe, the launch of Repono is further proof of EIT InnoEnergy’s commitment to supporting the energy transformation in Europe. With its extensive ecosystem and access to investment and know-how in energy storage, Repono can expand rapidly and contribute to accelerating the energy and industrial transformation.


Author of this article

Natalie Bezděková

I am a student of Master's degree in Political Science. I am interested in marketing, especially copywriting and social media. I also focus on political and social events at home and abroad and technological innovations. My free time is filled with sports, reading and a passion for travel.


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