Residential storage emerging as growing niche market in France

SolarPower Europe reports a significant increase in battery energy storage systems (BESS) installations in residential buildings across Europe, driven by rising energy prices due to the war in Ukraine. The number of households with batteries coupled with solar installations expected to triple by 2026. Market growth led by Germany, Italy, Austria, the United Kingdom, and Switzerland. France lags behind in solar adoption. High electricity prices in France limit the adoption of 'solar-plus-battery' systems. Kostal, a German battery manufacturer, sees a growing interest in energy storage systems in France. Enphase introduces a new lithium iron phosphate battery storage solution in the French market. Significant growth observed in residential heat pump market in France following the implementation of the RE2020 directive.

Source:

https://www.pv-magazine.com/2023/06/30/residential-storage-emerging-as-growing-niche-market-in-france/

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