EASE has compiled analyses of measures for energy storage in the draft updated NECPs to point out their strengths and weaknesses, based upon the Commission’s Recommendations for Energy Storage.
March 2024 / Market Analyses
EMMES 8.0 - March 2024
EASE and LCP-Delta are pleased to announce the publication of the eighth edition of the European Market Monitor on Energy Storage (EMMES).
The Market Monitor is an interactive database that tracks over 3,000 energy storage projects. With information on assets in over 29 countries, it is the largest and most detailed archive of European storage. The database is accompanied by a report which outlines key EU legislation, drivers and barriers for 14 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 8.0:
Demand for storage is bigger than ever: about 10GW of new installations in 2023, of which 7GW are BtM and 3GW are FoM storage power capacity.
EMMES assess that the installed base will grow 6 times in terms of power capacity.
Both, the support schemes and improved market conditions are the drivers behind the impressive deployment results. Interestingly, the average storage duration of projects is also rising - 2-hour projects have become more common, and 4-hour durations are expected in the short-term future across Europe.
The UK, Germany and Italy are once more the leading markets for both BtM and FoM storage capacity. The situation is expected to remain unchanged in the years to come.
Recording of the EMMES 8.0 launch webinar "Europe's Energy Storage Ambition: Charging Towards 2030 Targets" is available here.
EASE has compiled analyses of measures for energy storage in the draft updated NECPs to point out their strengths and weaknesses, based upon the Commission’s Recommendations for Energy Storage.
EASE and LCP-Delta are pleased to announce the publication of the eighth edition of the European Market Monitor on Energy Storage (EMMES). The Market Monitor is an interactive database that tracks over 3,000 energy storage projects. With information on assets in over 29 countries, it is the largest and most detailed archive of European storage. The database is accompanied by a report which outlines key EU legislation, drivers and barriers for 14 core countries, future projects and forecasts to 2030.
EASE has compiled analyses of measures for energy storage in the draft updated NECPs to point out their strengths and weaknesses, based upon the Commission’s Recommendations for Energy Storage.
In light of interconnected challenges, such as energy security, economic growth, consumer protection, and climate change, energy storage emerges as a crucial tool to address these issues. EASE 2024 manifesto outlines four key goals and corresponding actions that prioritise energy storage, positioning it at the forefront of Europe’s energy system.
EASE has published its 2023 Activity Report. In 2023, EASE embraced several opportunities, and sustained its position as the main European advocate for energy storage in the continent’s energy landscape.
