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.
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).
Please wait... Disclaimer: The European Energy Inventory Storage dataset is mainly based on public data and data from Wood Mackenzie. Wood Mackenzie Limited, subject to any additional data modifications and/or input provided by the EC or any of its authorised 3rd party contributor.
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Revenue stacking models – where batteries participate in energy arbitrage, grid balancing, and capacity mechanisms – are already …
Note: Required spread for a two-hour battery project assuming revenues cover project costs of €360,000/MWh in 2024, for previous years assumes BNEF’s Europe energy …
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.
European battery storage installations set a new record in 2024 with 21.9 GWh added, bringing total capacity to 61.1 GWh despite a …
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 …
European battery storage installations set a new record in 2024 with 21.9 GWh added, bringing total capacity to 61.1 GWh despite a slowdown in growth to 15 percent after …
European Energy Storage Inventory Real-time Energy Storage Dashboard Disclaimer: The European Energy Inventory Storage dataset is mainly based on public data and data from …
Europe’s shift from hourly to 15-minute power pricing has sharply increased arbitrage opportunities for battery storage systems, boosting long-term revenue potential and project …
Revenue stacking models – where batteries participate in energy arbitrage, grid balancing, and capacity mechanisms – are already demonstrating viable business models in …
New analysis reveals another year of record installations for European battery storage, despite slower year-on-year growth, according …
New analysis reveals another year of record installations for European battery storage, despite slower year-on-year growth, according to the latest European Market Outlook …
The largest battery energy storage system (BESS) to date in Romania, with a capacity of 200 MW/400 MWh, has been commissioned in Cluj County by the private investor Nova …
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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