European Market Outlook for Battery Storage 2025-2029
With record growth in 2024 and new projections through 2029, the study highlights key market drivers, regional developments, and essential policy recommendations.
Years of strong solar growth and high gas prices have increased electricity price volatility across the EU, strengthening opportunities for battery storage. In turn, batteries can increase power demand at peak solar times, supporting solar revenues.
Walburga Hemetsberger, CEO of SolarPower Europe (she/her), said: “If Europe has already entered the solar age, the battery storage age is just beginning. With solar energy mainstreaming across the continent, now is the time for European decisionmakers to put batteries at the centre of a flexible, electrified, energy system.
refers to the European Market Outlook for Battery StorageSolarPower EuropeIn last year's 'European Market Outlook for Battery Storage 2024-2028' (BESS 2024) report, ou Medium Scenario anticipated 22.4 GWh of battery capacity deployed in 2024. The current revision of the actual installation data lands very close
Europe's battery storage growth in 2025 will largely depend on the commissioning of large-scale utility battery projects throughout the year. This segment is expanding rapidly and, for the first time, is expected to account for the majority of battery installations across the continent.
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