Europe’s energy storage fleet reaches 89 GW

The fleet of energy storage projects in Europe, including both pumped hydro and battery energy storage systems of all sizes, is expanding rapidly. This growth is set to continue at a strong pace through 2030, fueled by technological advancements, supportive policies, and other key factors.
Image: European Association for Storage of Energy

From ESS News

Europe continues to grow its energy storage fleet at pace, advancing its transition to a more sustainable and resilient energy system. According to a new report authored by LCP Delta and the European Association for Storage of Energy (EASE), the continent reached a cumulative 89 GW by the end of 2024.

The latest edition of the report titled European Market Monitor on Energy Storage (EMMES) finds that 2024 has been a record year for energy storage deployment. Pumped-hydro storage (PHS) dominated the market, accounting for 53 GW of total capacity. Meanwhile, electrochemical storage reached 35 GW, with many installations in homes and businesses.

The rate of energy storage adoption varied across European countries in 2024. Image: EASE

Italy, France, Germany and Spain hosted the largest PHS capacities.

To continue reading, please visit our ESS News website.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].

Written by

Comments