The European Energy Storage Market Monitor (EMMES) updates the analysis of the European energy storage market (including household storage, industrial
To support the global transition to clean electricity, funding for development of energy storage projects is required. Pumped hydro, batteries, hydrogen, and thermal storage
Aurora Energy Research additionally highlighted that the oversupply of clean energy Europe-wide contributed to decreased electricity prices – which fell to below zero on
Policymakers in the United States and Europe continue to put forth measures meant to supercharge the energy storage sectortoward a promising future. Even with near-term
Among all the energy storage technologies, battery technologies, especially the Li-ion battery, have experienced considerable cost reduction in the last years. Therefore, the
The report explores trends and forecasts across residential, commercial & industrial (C&I), and utility-scale battery segments, offering deep insights into Europe''s energy
With battery-storage systems also vulnerable to cyberattacks, the EU would be wise to conduct a targeted analysis of the battery-specific
A total of 11.9GW of energy storage across all scales and technologies was installed in Europe in 2024, bringing cumulative installations
In 2023, "internal competition and surplus" became the industry consensus for China''s new energy storage, dominated by lithium-ion battery storage. In 2024, as a flag that
The global energy transition is accelerating, yet new and underestimated challenges have emerged since 2024. Rising electricity demand—driven by artificial
US remains a seller''s market While Europe is grappling with an oversupply of panels, the situation in the US is completely different, and so are developers'' procurement strategies. For European
21.9 GWh of battery energy storage systems (BESS) was installed in Europe in 2024, marking the eleventh consecutive year of record breaking-installations, and bringing
Analysts at Aurora Energy Research expect installed wind and PV capacity in Europe to more than triple by 2050, but expansion might not be enough to meet European
Lithium battery oversupply, low prices seen through 2028 despite energy storage boom: CEA Despite falling raw material costs and U.S. policy support, North American battery
It will be another record year for energy storage installations globally, but the two largest markets – China and US – may face challenges
Lithium battery oversupply, low prices seen through 2028 despite energy storage boom: CEA Despite falling raw material costs and U.S. policy
The second quarter of 2023 was the first quarter on record in which global residential energy storage shipments have declined year on year,
As solar module prices continue to drop to record lows, amid global oversupply, questions are being asked about how much inventory is
The Commission''s European Energy Storage Inventory can help address this gap within Europe. Launched in March 2025, it is the first European-level tool of its kind,
For the past year and a half, Chinese manufacturers have been selling solar modules and storage systems at rock-bottom prices, trying to move oversupply even while
The oversupply of solar panels has already affected the European solar sector, with figures from Rystad suggesting that 40GW of
There are signs that renewable electricity oversupply is now actively being sought in order to create opportunities to decarbonize other
The European Energy Storage Market Monitor (EMMES) updates the analysis of the European energy storage market (including household storage, industrial storage and pre-metre storage)
Chief analyst Corrine Lin of InfoLink spoke at the conference organized by ees Europe on June 18 in Munich, offering insights into the energy storage industrial chain''s current
Why is energy storage oversupply a problem? The expansion is driven mainly by local governments and lacks coordination with new energy stations and the power grid. In some
21.9 GWh of battery energy storage systems (BESS) was installed in Europe in 2024, marking the eleventh consecutive year of record breaking-installations, and bringing
BNEF''s report found that global investment into new renewable energy generation and storage projects rose 8% to US$623 billion in 2023
Additionally, due to the large heat demand in some countries, the total flexible capacity that can be unlocked from direct heating and thermal
In addition, as behind-the-meter energy storage systems will be standardized in the future, installing energy storage facilities will become as simple as installing domestic
Europe is facing an oversupply of Chinese-made solar panels, with around 40 gigawatts of capacity currently in storage and predicted to grow
The European battery industry is grappling with significant challenges hampering its competitiveness and progress toward self
The report, now in its ninth edition, compiled by the European Association for Storage of Energy (EASE) and LCP Delta tracks over 3,000 energy storage projects from over 27 countries to claim the moniker of the most comprehensive archive of European storage.
21.9 GWh of battery energy storage systems (BESS) was installed in Europe in 2024, marking the eleventh consecutive year of record breaking-installations, and bringing Europe’s total battery fleet to 61.1 GWh. However, the annual growth rate slowed down to 15% in 2024, after three consecutive years of doubling newly added capacity.
Energy storage technologies can ease price spikes and help renewables operators avoid curbing production at times of oversupply, an increasingly common problem in Europe.
So what does it reveal? 2024 was a record year for new energy storage deployments in Europe, with 12GW/21.9GWh increases in the total capacity. These were comprised of 4.9GW/12.1GWh increases in front-of-the-meter capacity and 7.1GW/9.8GWh increases in behind-the-meter capacity.
European warehouses are reporting very high inventory levels for residential energy storage systems, with aggressive prices expected, as distributors need to start clearing their stocks, according to S&P Global. Global residential storage shipments fell for the first time in Q2 2023. Image: S&P Global
Pumped hydro is the most widely used technology for energy storage in Europe and worldwide, but batteries and hydrogen have come into the spotlight over the last decade as a recent trend in the energy storage market.
