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 submitted a response to the European Commission Public Consultation on the Revision of the Energy Taxation Directive welcoming the revision of the Energy Taxation Directive and identifying a list of recommendations relevant for energy storage sector.
The services to support generation and bulk storage can ensure a vast and clean energy generation from renewable sources and can be divided into seven categories, among which there are energy arbitrage, system electricity supply capacity, support to conventional generation, ancillary services RES support, capacity firming, RES curtailment minimisation and seasonal arbitrage.
EASE put forward recommendations on how the TEN-E Regulation should be significantly revised to better address the challenges and seize the opportunities in light of the European Union’s decarbonisation strategy.
On 9 September 2020, over 200 participants attended an EASE webinar presenting the European Parliament’s ITRE Committee Own-Initiative Report on energy storage. The webinar gave valuable insights into the work behind the report from the perspective of the Members of the European Parliament who led the drafting of the report: Claudia Gamon (rapporteur), Maria Spyraki (shadow-rapporteur), Ville Niinistö (shadow-rapporteur), and Niels Fuglsang (shadow-rapporteur). This was complemented by the European Commission, which presented its vision and policies for energy storage.
