Europe's battery energy storage installed capacity

Views : 171
Author : topwellpower
Update time : 2023-05-18 10:44:20

In 2022, Europe's battery energy storage installed capacity will be 4.5GW, and it is expected to reach 95GW by 2050



An aerial view of the largest battery energy storage system in continental Europe, a 50MW/100MWh battery energy storage system located in Wallonia, Belgium. Image: CORSICA SOLE


According to LCP Delta and Aurora Energy Research, battery energy storage capacity in Europe reached 4.5GW last year and could reach 95GW by 2050. In a separate statement a few weeks ago, LCP Delta said that around 1.9GW of grid-scale battery storage was installed across continental Europe, including the UK, last year.

LCP Delta said in the seventh edition of the "European Energy Storage Market Monitor" (EMMES), published in cooperation with the European Energy Storage Association (EASE), that it is expected that at least 6GW of battery energy storage systems will be installed in continental Europe by 2023.

According to Aurora Energy Research, by 2050, Europe is expected to install at least 95GW of grid-scale battery energy storage systems. The company said it currently has 5GW of grid-scale energy storage online. The company estimates that 4-hour battery storage systems will account for 61% of the total installed systems that year and 22% by 2025. Aurora said the five most attractive markets for battery storage were Germany, the UK, Greece, Ireland and Italy.

Ryan Alexander, Head of European Power Markets Research at Aurora Energy Research, commented: “Batteries represent an attractive investment opportunity in the European energy sector – with new projects being announced almost daily as developers seek to capitalize on the need for storage in the energy transition. Investors will undoubtedly gain a first-mover advantage: The expected surge in battery demand over the next few decades will create a risk of saturation, leading to lower revenues as the market becomes overcrowded." 

The release of the figures comes as Kadri Simson, the European Commission's energy commissioner, said energy storage was "critical" to decarbonizing the continent. So far, several high-level policy measures to help kick-start the European energy storage market have taken shape in 2023.


Leading figures in the energy storage industry reacted positively to the technology's prominence when the European Commission published proposals to reform the electricity market design (EMD) in March.

That same week, the European Commission's Net Zero Industry Act included energy storage as a qualifying technology, in what some called a "huge win."

LCP Delta and EASE present their projections for the next ten years in the infographic below.
Related News
Read More >>
TOPWELL-LiFePO4 Battery and 12V LiFePO4 Battery products video TOPWELL-LiFePO4 Battery and 12V LiFePO4 Battery products video
Nov .27.2023
A powerful sound system can take your audio experience to the next level. Whether you're a DJ or a music lover, having a reliable power source for your system is essential. If you're still using traditional lead-acid batteries, it's time to upgrade to a more advanced technology. The 12.8V 7Ah LiFePO4 battery pack from Topwell is designed to deliver high performance and long-lasting power for your audio system. In this blog post, we'll explore the benefits of LiFePO4 batteries and why you should consider using them for your audio setup.
The Manufacturing Process of Lithium Polymer Batteries: Behind the Scenes The Manufacturing Process of Lithium Polymer Batteries: Behind the Scenes
Nov .14.2023
In the digital age, it seems as though everything we use daily relies on lithium polymer batteries – our smartphones, laptops, tablets, and other electronic gadgets. As consumers, it's important to understand how these batteries are made to appreciate their quality, durability, and performance.
High-Quality 12.8V 10Ah LiFePO4 Battery Pack for Fishing and Backup Power High-Quality 12.8V 10Ah LiFePO4 Battery Pack for Fishing and Backup Power
Nov .08.2023
Introducing the 12.8V 10Ah LiFePO4 Battery Pack: a reliable and affordable power solution for fishing and backup power needs. With high energy density and excellent stability, trust TOPWELL for quality lithium battery solutions. Learn more at www.topwellpower.com.
TOPWELL-lithium polymer battery and 18650 Li-ion Battery products video TOPWELL-lithium polymer battery and 18650 Li-ion Battery products video
Oct .31.2023
This video is mainly to show our products to you. Include #lithiumionbattery #batterycharger18650 #18650batteryspecs #12v100ahlifepo4battery #18650batteryspecs and so on.