EASE and LCP-Delta are pleased to announce the publication of the seventh edition of the European Market Monitor on Energy Storage (EMMES).
The Market Monitor is based on the most extensive database of European energy storage projects. The database of over 2,600 projects includes detailed data on current installations by customer segment (residential, C&I and front-of-meter) across 24 European countries, future projects and forecasts to 2030. The database is accompanied by a report which outlines key EU legislation, drivers and barriers for 12 core countries. The report looks at the electrical energy storage market, providing data and analysis across 3 market segments (residential, commercial & industrial and Front of the Meter) with updated project data based on StoreTrack database and a forecast towards 2030.
Key takeaways from the EMMES 7.0:
Demand for storage is bigger than ever: about 4.5GW of new installations in 2022 and an even more positive outlook of > 6GW for 2023.
The European-wide energy crisis, national government support, growing Front of the Meter project development pipelines, and an overall positive future policy direction on a EU-level are accelerating this demand. At the same time the sector will have to face increasing challenges in the face of supply-chain constraints, grid connection bottlenecks, skilled workforce constraints and rising costs.
Great Britain and Germany are leading the market in Front of the Meter and Behind the Meter respectively, but with growing interest in Europe more countries will join them create a much more diverse deployment landscape by 2025.
Recording of the EMMES 7.0 launch webinar "How will the new electricity market design shape the energy storage sector?" is available here.
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.
