European natural-gas prices are expected to decline further next year amid lackluster demand and above-average inventories despite a cold start to the winter, some
The new mid-year solar PV EU market analysis from SolarPower Europe reveals that for 2025, the annual market is expected to contract for the first time since 2015,
The European Union (EU) is depleting its natural gas reserves at the fastest pace since the energy crisis of 2021, driven by colder weather and a reduction in seaborne
Welcome to our European Market Outlook for Battery Storage 2025-2029 Though the battery energy storage revolution continued to unfold across Europe in 2024, setting yet another
As of now, the inventory of European household storage distribution channels has seen significant improvement. While new orders for household storage remain weak, it is
The European Electricity Review analyses full-year electricity generation and demand data for 2024 in all EU-27 countries to understand the region''s progress in transitioning from fossil fuels
The European Commission in 2020 published a study on energy storage, which summarized some previous studies and reports, explored current and potential energy storage markets in
The energy storage sector maintained its upward trajectory in 2024, with estimates indicating that global energy storage installations rose by more than 75%, measured by megawatt-hours
For the entire year, analysts expect more than one million photovoltaic home storage systems to be installed across Europe, with demand increasing further in the second
This report comes to you at the turning of the tide for energy storage: after two years of rising prices and supply chain disruptions, the energy storage industry is starting to see price
In 2022, after a significant decline of pipeline imports from Russia, European governments enacted coordinated demand-reduction measures. Those measures mandated a
Our five-year outlook foresees significant BESS expansion in Europe – a sixfold increase to nearly 120 GWh by 2029, driving total capacity to 400 GWh, yet falls short of energy transition needs.
Introduction In response to the invasion of Ukraine by Russia, the European Commission published a communication entitled "REPowerEU: Joint European Action for more affordable,
Europe will add 17 GWh of installed energy storage capacity this year, with similar gauges of additions in the first and second part of the year. InfoLink expects the world to
The Commission adopted in March 2023 a list of recommendations to ensure greater deployment of energy storage, accompanied by a staff working document, providing an outlook of the EU’s current regulatory, market, and financing framework for storage and identifies barriers, opportunities and best practices for its development and deployment.
Many European energy-storage markets are growing strongly, with 2.8 GW (3.3 GWh) of utility-scale energy storage newly deployed in 2022, giving an estimated total of more than 9 GWh. Looking forward, the International Energy Agency (IEA) expects global installed storage capacity to expand by 56% in the next 5 years to reach over 270 GW by 2026.
Different studies have analysed the likely future paths for the deployment of energy storage in the EU. These studies point to more than 200 GW and 600 GW of energy storage capacity by 2030 and 2050 respectively (from roughly 60 GW in 2022, mainly in the form of pumped hydro storage).
Looking forward, the International Energy Agency (IEA) expects global installed storage capacity to expand by 56% in the next 5 years to reach over 270 GW by 2026. Different studies have analysed the likely future paths for the deployment of energy storage in the EU.
These studies point to more than 200 GW and 600 GW of energy storage capacity by 2030 and 2050 respectively (from roughly 60 GW in 2022, mainly in the form of pumped hydro storage). The EU needs a strong, sustainable, and resilient industrial value chain for energy-storage technologies.
ecomendationsHow can European policymakers help the battery storage sectorBattery storage systems are essential for strengthening the EU’s energy security and competitiveness by enhancing flexibility, providing ancillary services to secure the grid, maximising the use of renewable energy, and effectively dealing with energy pr
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