The latest analysis from SolarPower Europe reveals that, in 2024, Europe installed 21.9 GWh of new battery energy storage systems (BESS), just 15% higher than 2023.
Consequently, the impact of high electricity prices on European installations has waned. Following a surge in installed renewable energy
Making use of the EU Modernisation Fund, this investment grant scheme encompasses energy-efficient home renovations, including solar PV and battery storage,
Cumulative installations will go beyond terawatt-hour mark by 2030, with lithium-ion providing majority, according to new forecasts.
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
Energy storage installations around the world are projected to reach a cumulative 411GW by the end of 2030 - 15 times the 27GW of storage that was online at
More ambitious policies in the US and Europe drive a 13% increase in forecast capacity versus previous estimates New York, October 12,
The latest analysis from SolarPower Europe reveals that, in 2024, Europe installed 21.9 GWh of new battery energy storage systems (BESS),
By 2029, the report anticipates a sixfold increase to nearly 120 GWh, driving total capacity to 400 GWh (EU-27: 334 GWh). However, this remains far below the levels required
Under the background of energy transition, global energy storage installation is growing vigorously, and many overseas countries and
This report outlines five key policy recommendations to unlock BESS deployment across the EU: First, the European Commission must adopt an Energy Storage Action Plan
Global installed energy storage is on a steep upward trajectory. From just under 0.5 terawatts (TW) in 2024, total capacity is expected to rise ninefold to over 4 TW by 2040,
Energy storage capacity additions will have another record year in 2023 as policy and market fundamentals continue to propel the industry Data compiled March 2023. Source: S&P Global
The European Energy Storage Market Monitor (EMMES) updates the analysis of the European energy storage market (including household storage, industrial
The European energy storage market added 19.1 GWh of installed capacity in 2024, up 12.4% YoY, with drastic changes in the ESS landscape throughout the year. Italy has
At present, the global energy storage market is experiencing rapid growth, with China, Europe, and the United States emerging as key
The urgency to safeguard power supply has escalated the need for energy storage system construction. In southern Vietnam, Thailand, Malaysia, and other neighboring
Forecast of new global photovoltaic installed capacity Driven by the global carbon neutrality strategy and the European energy crisis, global
The forecast for household solar continues to look bright for coming years, with European solar & storage set to grow over 400%, from 3 GWh installed storage capacity in
The European Market Outlook for Battery Storage 2025–2029 analyses the state of battery energy storage systems (BESS) across Europe, based on data up to 2024 and
In a period characterised by a drastic rise in household electricity prices across Europe, residential battery energy storage systems (R-BESS) have become an attractive means to
These figures show that, while the residential storage system market lost momentum for the first time in 2024, large-scale storage systems
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
The report illustrates the state of play of battery storage across Europe, with updated figures on annual and total installed capacities up to 2023 and a forecast of future
The European trade association''s latest annual report into the market forecasts installed residential capacity of 12.8GWh across the continent by 2025. Uptake in Germany,
Europe has seen its first year when energy storage deployments by power capacity exceeded 10GW in 2023, according to consultancy LCP Delta.
The majority of the increased installed energy storage capacity after 2019 has been on the power supply side, with a few existing energy storage projects in operation being connected to grids.
According to data from the European Energy Storage Association (EASE), Europe witnessed a substantial leap in its energy storage landscape in 2022, boasting a total installed capacity of 4.5GW—an impressive 80.9% surge compared to the previous year.
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.
In the most-likely scenario for 2025, 29.7 GWh of battery storage will be installed in Europe, representing a 36% annual growth. By 2029, the report anticipates a sixfold increase to nearly 120 GWh, driving total capacity to 400 GWh (EU-27: 334 GWh).
The forecast for household solar continues to look bright for coming years, with European solar & storage set to grow over 400%, from 3 GWh installed storage capacity in 2020 to 12.8 GWh in 2025. SolarPower Europe has published its annual ‘ European Market Outlook for Residential Battery Storage ’ report, covering 2021-2025.
SolarPower Europe has published its annual ‘ European Market Outlook for Residential Battery Storage ’ report, covering 2021-2025. Analysing the synergy between residential solar and batteries, new figures show that European residential solar & storage soared by 44% to 140,000 installed units in 2020.
However, despite an exponential growth in Europe’s battery energy storage capacity, which reached 36 gigawatt-hours in 2023, pumped hydro still accounted for 90 percent of the electricity storage capacity in the European Union that year.
