European Energy Storage System Enterprise Ranking

Why is energy storage important in Europe?

In Europe, there is a growing consensus amongst policymakers that energy storage is crucial to securing affordable and low carbon energy. In May 2022, European Union launched their REPowerEU plan, a part of the European Green Deal, which mandates that 45% of Europe’s energy generation needs to come from renewable sources by 2030.

Is the home storage market growing in Europe?

The market for home storage is growing at a record pace across Europe. For example, in its latest market study for residential energy storage, SolarPower Europe calculates an increase in storage capacity of 71% (3.9 GWh) in the most likely scenario for the past year.

What is the European market monitor on energy storage (Emmes)?

EASE and LCP-Delta are pleased to announce the publication of the eighth edition of the European Market Monitor on Energy Storage (EMMES). The Market Monitor is an interactive database that tracks over 3,000 energy storageprojects. With information on assets in over 29 countries, it is the largest and most detailed archive of European storage.

Which country has the largest battery energy storage system in Europe?

Europe's largest battery energy storage system, of 50 megawatt-hours (MWh) capacity, is located in Germany. The market for energy storage has gained momentum in the country due to the fall in the PV system and battery costs.

Which countries have the most energy storage capacity?

The UK, Germany and Italy are once more the leading markets for both BtM and FoM storage capacity. The situation is expected to remain unchanged in the years to come. Recording of the EMMES 8.0 launch webinar "Europe's Energy Storage Ambition: Charging Towards 2030 Targets" is available here.

What is the European storage database?

With information on assets in over 29 countries, it is the largest and most detailed archive of European storage. While the report is focused on electrical storage, the database holds project information for multiple other storage technologies (e.g. pumped hydro, CAES, gravity, large-scale thermal etc).