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.
EASE reply to ENTSO-E’s Public Consultation on the 10-Year Network Development Plan (TYNDP) calls for a more balanced consideration of energy storage technologies and a clearer breakdown of the economic impacts and costs of proposed scenarios.
EASE reply to the European Commission’s Public Consultation and Call for Evidence Feedback on proposal for a Net-Zero Industry Act (NZIA) Implementing Act aiming at further specifying non-price criteria for renewable energy auctions.
In 2024, several new regulatory initiatives were introduced, marking a period of significant growth driven by key policy advancements and the collective efforts of EASE, its members, policymakers, and stakeholders.