Solar battery storage in EU doubles for three straight years

The European Union (EU) installed 17.2 GWh of new battery storage systems (BESS) in 2023, a 94% increase compared to 2022, marking the third consecutive year of doubling the annual market. By the end of 2023, the EU’s total operating battery storage fleet reached around 36 GWh, with the residential segment accounting for 63% of the capacity. Germany led the way in 2023, deploying 5.9 GWh of storage capacity. Despite the expected growth in the coming years, projections fall short of 200 GW target for 2030. The obstacles to faster deployment of BESS in Europe include missing targets, insufficient market signals, double taxation, and restrictive grid policies for hybrid renewable installations. SolarPower Europe calls for a comprehensive storage strategy.

Source:

https://balkangreenenergynews.com/solar-battery-storage-in-eu-doubles-for-three-straight-years/

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