New energy storage projects in Europe

What is the European energy storage inventory?

A new interactive platform delivers real-time clean energy storage insights as Europe shifts toward sustainable energy sources. Energy storage helps to balance supply and demand. The European Energy Storage Inventory is the first of its kind at European level to show all forms of clean energy storage solutions.

Will Europe's battery energy storage system reach 55 GW by 2030?

Ambitious capacity targets and diverse revenue opportunities support case for battery energy storage system (BESS) investment in key European markets, new report from Aurora Energy Research finds. The fourth edition battery markets report also predicts Europe’s grid-scale BESS fleet will reach 55 GW by 2030.

Why is energy storage important in the EU?

It can also facilitate the electrification of different economic sectors, notably buildings and transport. The main energy storage method in the EU is by far 'pumped hydro' storage, but battery storage projects are rising. A variety of new technologies to store energy are also rapidly developing and becoming increasingly market-competitive.

How important is battery storage in Europe?

The storage process can be done on the grid and individual buildings levels, which has made Europe a renowned home of energy storage technologies. To further put the importance of battery storage in perspective, Europe needs a total of 187 GW of energy storage by 2030, 122 GW of which will be battery storage—that is about 65.24%.

How big is Europe's energy storage capacity in 2024?

This report highlights Europe’s rapid expansion in energy storage capacity, which reached 89 gigawatts (GW) by the end of 2024. In 2024, EASE has been instrumental in shaping policies for the evolving energy storage sector.

What is Europe's battery storage race?

Europe's Battery Storage Race and Why it Matters. The EU policy framework outlines the correlation between energy storage and climate change, explaining the Government's decarbonization plan to secure a sustainable, competitive, and affordable energy supply in Europe.