EMMES 3.0 - European Electrical Storage Market Grows 75% in 2018 to 1470 MWh

Delta-ee (Delta Energy and Environment), the specialist “new energy” research and consulting company, and the European Energy Storage Association (EASE), have published EMMES 3.0 – the definitive guide for the European Energy Storage market.

EMMES 3.0 shows that:

• Market growth in 2018 exceeded expectations, and was higher than both 2016 and 2017
• A key factor in this rapid market growth during 2018 was the commissioning of new front-of-the meter projects in the UK
• Behind-the-meter markets continue to develop positively across Europe, with growing opportunities for energy storage in C&I and residential applications in Central & Eastern Europe, Spain and the Nordics.
• Political negotiations on the “Clean Energy for All Europeans” package (CEP) were concluded in December 2018, and the new electricity market design should be enacted into Member States national legislation over the next 18 months. This promises to deliver important changes that could have a significant and positive impact on the energy storage market in Europe.
• While the market is forecast to grow in 2019 and 2020, it will do so at a lower rate due to the short-term saturation of some front-of-the-meter markets, and the maturing of the large German residential market.
• However, new growth drivers will emerge as the CEP is enacted and we expect E-mobility to become a significant new application for stationary energy storage.

Andy Bradley, Director at Delta-ee, says “Market growth in 2018 exceeded our expectations, due to a rush to commission front-of-the-meter projects, particularly in the UK driven by EFR (Enhanced Frequency Response) projects being commissioned, and the trend in Germany for householders to install increasingly large batteries. However, this lowers our expectations for growth in 2019, as some of the growth we previously expected has already been realised. By 2020, new growth drivers will emerge provided that the CEP is enacted, FITs start to expire in Germany and E-mobility becomes a significant new application for stationary energy storage. Overall the outlook for energy storage in Europe remains very positive.”

Brittney Elzarei, Senior Policy Officer at EASE, comments, “The CEP is a huge step forward for the European storage sector, which in the previous energy package was not mentioned. The new legislative framework will have a significant impact on the different storage segments – residential, C&I, and front-of-meter – and will open up many new business opportunities across the EU for energy storage.”

Further information on EMMES 3.0, including information on how to purchase the report, can be found on EASE’s website and Delta-ee’s website.