EMMES 4.0 – March 2020

EASE and Delta-ee are pleased to announce the publication of the fourth edition of the European Market Monitor on Energy Storage (EMMES).

EMMES 4.0 shows that:

• The European energy storage market contracted in 2019 to 1 GWh, with a cumulative installed base of 3.4 GWh across all segments.
• In 2019 saturated FCR markets in the UK and Germany slowed growth in the Front of Meter segment. We expect a rebound in 2020 as the demand for system flexibility rises and value streams open.
• The residential segment continues to grow steadily, driven by growth in Germany that accounted for 76% of the annual market in 2019.
• The C&I segment saw a small contraction in the leading markets (Germany and the UK) in 2019. Regulatory uncertainty and long payback periods are hindering growth.
• However, the future of energy storage in 2020 in Europe remains positive as the energy transition progresses.
• Regulators and grid operators are increasingly recognising the value that storage adds to electricity systems. Consumers in both the residential and C&I segments show growing interest in storage as technology costs fall and Feed in Tariffs are phased out. And the storage industry continues to innovate around products and propositions.
• The EU’s Clean Energy Package is already opening doors for storage, and this process will only accelerate over the coming years as regulations stabilise.