Featured in Powering Through – 05-2025

Why Europe needs a battery industry

Europe may be pushing ahead with the integration of energy storage into grids, but it has struggled to compete on battery manufacturing. Gerard Reid of Alexa Capital outlines the steps that European industry and policymakers must take to establish a domestic battery supply chain.

By

pv magazine

02 May 2025

The Airbus A380 is the world’s largest passenger airliner and a European success story. Similar cooperation will be needed to build an EU battery industry. | Photo: Malokkii/Wikimedia Commons

Batteries, and especially lithium-ion products, rank among the most critical technology in the energy world today. Lithium-ion batteries are essential for powering electric vehicles (EVs), stabilizing renewable-energy-powered grids, providing backup power for businesses and homes, and maximizing solar generation in buildings.The global market for lithium-ion batteries is booming, with demand having tripled since 2021. The …

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