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The agreement tackles a problem that has become urgent with Europe’s green transition: how to store growing energy surpluses from intermittent renewable sources, such as wind and solar. While the share of renewable energy resources is growing (23 per cent in 2020 to 25.2 per cent in 2024), the bloc’s storage capacity remains too limited to absorb it all. Europe wastes renewable energy surpluses generated during seasonal peaks, forcing it to increase fossil-fuel power generation. The deal expands the EU’s storage capacity to keep extra energy and maintain a reliable energy supply during sudden increases in demand, reduce dependence on…

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