First edition of the European Market Monitor on Energy Storage released

On 12 December 2017, the European Association for Storage of Energy (EASE) and Delta-ee released the first edition of the European Market Monitor on Energy Storage (EMMES).

Published twice per year, the report offers a comprehensive geographical coverage of energy storage installations in Europe, broken down into 8 regions: Germany, United Kingdom, Italy, France, Iberia, Nordics, Central/Eastern Europe and rest of Europe. Each edition includes an overview of EU policy and future changes, a forecast of the European storage market in 2018 and an overview of the thermal storage market.

“We believe that EMMES will become an important tool for businesses and investors interested in the energy storage sector helping them to understand the market from a European perspective, whilst providing key elements on national specificities. The EMMES provides a robust evidence base to inform the energy storage debate on a European and member state level, and to help educate important stakeholders about storage and its important role in the transformation of the energy system” says Mr Patrick Clerens, Secretary General of the European Association for Storage of Energy.

The European Market Monitor on Energy Storage covers different energy storage technologies and markets. It analyses the energy storage installed base segmenting the residential, commercial & industrial and front-of-meter sector.

“Germany for instance remains the key market in Europe for battery storage but we are seeing rapid growth in other countries. It’s an exciting time for the storage industry with falling costs, growing customer awareness and new propositions coming into the market. While the current focus is on batteries, our research identifies that thermal storage also has significant untapped potential” says Valts Grintals, Energy Storage Research Manager at Delta-ee.

EMMES is based upon primary research conducted in collaboration with leading companies and stakeholders, among those many EASE Members. The report is available for free as part of EASE membership. EMMES report can be purchased by non-EASE members for €3,000.