The European energy storage market contracted in 2019 to 1 GWh, with a cumulative installed base of 3.4 GWh across all segments. However, the future of energy storage in 2020 in Europe remains positive as the energy transition progresses.
March 2021 / Market Analyses
EMMES 5.0 - March 2021
EASE and Delta-ee are pleased to announce the publication of the fifth edition of the European Market Monitor on Energy Storage (EMMES).
The report reveals the effects of the pandemic on the energy storage market, with lockdown affecting commercial and industrial, and behind-the-meter segments, while front-of-meter projects proved more resilient. Looking ahead, 2021 looks particularly strong for the sector with new ancillary services opening across Europe and national targets further supporting regional projects.
EMMES 5.0 shows that:
The European annual energy storage market grew to 1.7 GWh in 2020, with a cumulative installed base of 5.4 GWh across all segments.
The total annual energy storage market in Europe is expected to reach 3,000 MWh in 2021, almost double the annual storage deployments seen in 2020.
The European energy storage market contracted in 2019 to 1 GWh, with a cumulative installed base of 3.4 GWh across all segments. However, the future of energy storage in 2020 in Europe remains positive as the energy transition progresses.
The report reveals the effects of the COVID-19 pandemic on the energy storage market, with lockdown affecting commercial and industrial, and behind-the-meter segments, while front-of-meter projects proved more resilient. Looking ahead, 2021 looks particularly strong for the sector with new ancillary services opening across Europe and national targets further supporting regional projects.
EASE has prepared an overview of the upcoming and existing key policy and actions of Spain, the Netherlands and Germany to support the uptake of hydrogen and Power-to-Gas solutions.
EASE has provided a response to the European Commission's Public Consultation on the new Batteries Regulation to further improve it in a way that is favourable to the energy storage sector. This Regulation aims to ensure that batteries placed in the EU market are sustainable and safe throughout their entire life cycle.
EASE published its 2020 Activity Report. We worked hard to drive forward the EU policy agenda to support energy storage deployment and were happy to see that, despite the challenges posed by the pandemic, EU policymakers stayed true to their climate ambitions and made 2020 a significant year for EASE and energy storage.
