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 has published its 2022 Activity Report. In 2022, safeguarding our Energy Security became an urgent priority, underscored by geopolitical instability and the increasing pace of the climate crisis. At EASE, we have continued to push for the deployment of Energy Storage, which is key to secure an independent access to energy, whilst paving the way for a carbon neutral economy.
EASE has responded to the European Commission's Public Consultation on the Revision of the EU’s Electricity Market Design. This initiative aims to review the current electricity market design and identify areas for improvement that could support the integration of renewable energy sources, while ensuring security of supply and keep prices affordable for consumers.
On 7 December 2022, over 200 participants attended webinar on electricity market design revision and joined the discussion on how it can enable energy storage for a carbon-neutral future. Representatives of EASE Policy team presented the latest EASE policy analysis paper "The Electricity Market Design Revision" and shared a list of changes identified to ensure a renewable-based and secure energy system. Speakers from Iberdrola, CellCube, Fluence and Enel X joined to discuss the topic.
EASE has finalised a paper on the upcoming electricity market design revision, highlighting how energy storage can enable a carbon-neutral future. More than ever, energy independence, security of supply, sector integration, and decarbonisation are guiding policymakers’ actions. EASE identifies a list of changes as needed to ensure a renewable-based and secure energy system.
