Swiss ‘water battery’ boosts Europe’s energy storage plans

📆 05/12/2022 00:21:00
📰 GuardianNigeria

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A Swiss company has built what is being called a giant water battery deep under the Alps that provides energy storage capacity equivalent to 400,000 electric car batteries. It could be a game-changer.

As households and businesses face rising energy bills, the EU's Commissioner for Jobs and Social Rights is stressing the importance of supporting small and medium-sized businesses all over Europe.

"A lot of households and household incomes depend on the survival of SMEs. That's why it's important to support businesses and particularly SMEs," Nicolas Schmit told FRANCE 24's Armen Georgian. Schmit also discussed the latest developments on minimum wages and the regulation of platforms such as Uber Eats and Deliveroo.

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