EASE and Delta-ee are pleased to announce the publication of the third edition of the European Market Monitor on Energy Storage (EMMES).
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.
EASE welcomes the revision of the Climate, Energy and Environmental Aid Guidelines to align the State aid framework with the EU’s ambitious decarbonisation targets and the European Green Deal. With the revision of the EEAG, the EU seeks to address challenge of ensuring a clear framework that supports decarbonisation in a cost-effective manner while maintaining competition and fair trade.
EASE welcomes EU policymakers’ efforts to revise the Renewable Energy Directive II (RED II) as part of the ‘Fit for 55’ package, expected July 2021. Accelerating the deployment of renewable energy sources (RES) is essential to achieve the EU’s ambitious goals of a 55% GHG emissions reduction by 2030 and carbon neutrality by 2050.
EASE has provided reply to the European Commission’s Public Consultation on the revision of the EU gas networks rules on market access addressing the Hydrogen and Gas Market Decarbonisation Package. EASE is preparing a reply to this consultation to improve the Hydrogen and Gas Market Directive and Regulation proposal in a way that is favourable to the energy storage sector.
EASE welcomes the revision of the Energy Performance of Buildings Directive to boost building renovation and emphasizes its support for the energy efficiency first principle to be applied in its measures. However, EASE believes that energy storage should have a stronger focus in the Energy Performance of Buildings Directive, considering energy systems integration and the widespread deployment of Smart Readiness Indicators are key to increasing energy efficiency.
