Batteries, widely used in the transport and energy sectors, are central to the global energy system. They will be key to the EU''s clean energy transition, industrial future and strategic autonomy. Boosting the industrial base for battery production is therefore a key task for the EU.
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
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.
Markus Elsaesser, the CEO of Solar Promotion GmbH (he/him), said: “Europe’s solar success has laid the foundation – now battery storage is stepping into its pivotal role. With solar power surging across the continent, the need for flexible capacity has never been clearer, and batteries are ready to deliver.
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SUMMARY Batteries, widely used in the transport and energy sectors, are central to the global energy system. They will be key to the EU''s clean energy transition, industrial …
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Revenue stacking models – where batteries participate in energy arbitrage, grid balancing, and capacity mechanisms – are already …
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This study investigates the role of different energy storage technologies in a European electricity sector that complies with the target of net-zero carbon emissions in 2050. …
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Revenue stacking models – where batteries participate in energy arbitrage, grid balancing, and capacity mechanisms – are already demonstrating viable business models in …
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Germany continues to lead Europe’s battery energy storage market, with 18 GW of utility-scale demand and 8 GW from commercial and industrial applications over the next decade.
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International energy consultancy Wood Mackenzie has released groundbreaking research showing Europe’s battery energy storage system (BESS) market is experiencing …
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The economics of battery storage systems (BESS) in Europe look much rosier following changes to the European Union’s (EU) power pricing structure in October, with …
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IMPORTS The EU imported about €27 billion worth of batteries in 2023. About 90% of these imports came from just three Asian countries, with China alone accounting for …
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New report: European battery storage grows 15% in 2024, EU energy storage action plan needed Press Release 7 May 2025 MUNICH, Germany (Wednesday 7th May …
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Europe''s battery energy storage system (BESS) market is expected to grow 45% year-over-year in 2025, expanding to 16 GW from a total of 11 GW as of 2024, according to an …
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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 …
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