Battery energy storage in Europe slows to 15% growth for 2024

Share

From ESS News

New European BESS installations reached 21.9 GWh in 2024, marking an eleventh consecutive year of record deployments despite growth slowing to 15% year-on-year, according to the European Market Outlook for Battery Storage 2025-2029 report.

The new installations bring Europe’s total battery fleet to 61.1 GWh, representing a significant deceleration after three consecutive years of doubling annual capacity additions. In 2023, for example, a 94% increase in installations was recorded, at 17.2 GWh.

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: editors@pv-magazine.com.

Popular content

China powers up nation’s largest standalone battery storage project
08 December 2025 A 500 MW/2,000 MWh lithium iron phosphate battery energy storage system has entered commercial operation in Tongliao, Inner Mongolia, after five month...