Behind the meter
Residential & commercial storage: Since 2015 the annually installed capacity of behind-the-meter energy storage has grown almost three times (from 110 MWh to about 300 MWh in 2017) as the residential market continues to pick up momentum and C&I installations are starting to come to fruition after initial hype. Based on the analysis conducted in our European Market Monitor Report, we foresee a similar growth trend continuing in the future.
The European residential energy storage (ES) market reached an annual size of around 260 MWh in 2017, more than doubling in size over the last three years. However, when compared to rooftop PV installations, only one in four currently come bundled with storage. Obviously, there is a huge opportunity from targeting existing rooftop PV installations …
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