2025 european energy storage latest news

Will European Solar & Storage market grow in 2025?

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.

How many energy storage installations will Europe have in 2030?

Commodity Insights' latest forecast for 2030 energy storage installations in Europe, encompassing both EU nations and non-EU members, stands at 44.6 GW, nearly double its previous estimate of 23.7 GW that it made in February.

How much storage does Europe have in 2023?

EMMES 7.0 gave the total installed figure for 2023 at 10.1GW, making it the first time Europe’s storage installations on a GW-basis outpaced the US, which according to Wood Mackenzie totalled 8.7GW at all scales last year.

How will Bess market perform in 2025 & 2028?

Looking forward, BESS markets will maintain their upward trajectory between 2025 and 2028, with sustained, but slower, growth rates in the 30-40% range. The overall installed BESS capacity in Europe is projected to expand more than sevenfold to reach 260 GWh of battery storage by 2028.

What is a 2023 report on energy storage?

The 2023 report included dedicated sections on renewable hydrogen production through water electrolysis, and batteries, which are crucial to succeed in the decarbonisation of the energy and transport sectors. A Commission Recommendation on energy storage (C/2023/1729) was adopted in March 2023.