The newest evaluation from SolarPower Europe reveals that, in 2023, Europe will set up 17.2 GWh of latest battery vitality storage programs (BESS), up from 8.8 GW in 2022. While this marks the third consecutive -next 12 months to double the annual market, slower progress is anticipated within the coming years.
From pv journal ESS News website
Europe’s BESS fleet continues to develop in leaps and bounds however projections nonetheless fall wanting the estimated capability wanted to unlock the continent’s renewable vitality potential.
In its first evaluation of the sector, the PV trade affiliation SolarPower Europe (SPE) discovered that 17.2 GWh of latest BESS capability will likely be put in in Europe by 2023, experiencing a formidable 94% a rise in comparison with 2022.
By the tip of 2023, the whole working BESS fleet in Europe will attain round 36 GWh. The residential section accounts for 70% of this capability, adopted by giant battery programs (21%), and business and industrial programs (9%), studies the European Market Outlook for Storage of Battery 2024-2028.
The dominance of dwelling batteries comes on account of the vitality disaster attributable to Russia’s invasion of Ukraine and disruption of gasoline provides. However, as said in Tuesday’s webinar hosted by SPE, this may change this 12 months as utility-scale batteries change into the important thing driver behind deployment in Europe, accounting for nearly 11 GWh of latest additions, with 5 GWh in Italy alone.
In 2023, Germany leads the market with 34% of the European market share, adopted by Italy (22%), and the United Kingdom (15%). Specifically, Germany deployed 5.9 GWh final 12 months, marking a major improve of 152%. Italy adopted, connecting a record-breaking 3.7 GWh (+86%), adopted by the United Kingdom with 2.7 GWh (+91%).
In addition, Austria surpassed the one gigawatt hour milestone, whereas the Czech Republic got here near it with about 900 MW put in. With the exception of the UK, all the prime 5 BESS markets in Europe are pushed by residential market share.
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