Europe’s storage market to hit 57 GWh in 2026, says EUPD Research

he European battery storage market is gaining momentum, with 57 GWh of installations expected this year, according to EUPD Research’s latest Electrical Energy Storage (EES) Report. That would represent a 78% increase from the 32 GWh installed last year, with Germany, Bulgaria, Italy, the United Kingdom, and Spain leading market growth, according to the report.

The leading markets are being driven by different factors. EUPD Research attributes growth in Germany and Italy to mature installer ecosystems and established policy frameworks. In the United Kingdom and Spain, growth is being driven mainly by front-of-the-meter projects. In Bulgaria, the analysts highlight the transformative impact of EU economic recovery programs, which have contributed to increasing momentum across Central and Southeastern Europe.

Overall, rising demand is being driven by falling battery storage costs, high electricity prices, and efforts to maximize self-consumption and reduce electricity costs through PV-plus-storage systems. The latter is particularly relevant in the residential and commercial and industrial segments. Large-scale battery storage projects continue to face challenges related to grid connections and permitting, but EUPD Research sees improved market opportunities and supportive policy frameworks that are also driving growth in this segment.

Residential battery storage remains the strongest growth driver in the European storage market, according to EUPD Research. Installed capacity is expected to increase from 11 GWh to 15 GWh this year, representing growth of around 36%. Germany is expected to record the largest residential storage additions in Europe, followed by Italy, the Netherlands, the United Kingdom, and Austria.

Chinese suppliers account for most residential battery storage installations in Europe. BYD and Huawei together account for more than 30% of demand, while Sungrow and Fox ESS are also identified by EUPD Research as leading brands.

In the first half of 2026, EUPD Research identified particularly strong growth from Fox ESS and Sigenergy. The analysts expect both companies to rank among Europe’s leading residential storage suppliers for the full year. The market is also shifting from competition based solely on battery storage hardware toward integrated and intelligent energy solutions. In the first six months of the year, Fox ESS, Huawei, BYD, and Sigenergy recorded the largest market shares.