EUPD Research expects 11 GWh of home storage to be added in Europe in 2024
- Admin
- Sep 6, 2024
- 1 min read
ESS NewsEUPD Research is generally optimistic about the European market for residential battery energy storage systems (BESS) with up to 20 kWh capacity. Analysts expect strong demand this year, with different growth projections across various European markets. Germany and Italy might face a decline in new installations due to post-war uncertainties, while emerging markets like Poland and Hungary are expected to grow, driven by photovoltaic systems and grid flexibility needs.
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