What is the European energy inventory storage dataset based on?

Please wait... Disclaimer: The European Energy Inventory Storage dataset is mainly based on public data and data from Wood Mackenzie. Wood Mackenzie Limited, subject to any additional data modifications and/or input provided by the EC or any of its authorised 3rd party contributor.

Will Sweden introduce a new capacity market mechanism in 2028-2029?

The Swedish government plans to introduce a new capacity market mechanism in 2028-2029 to support the further development of the energy storage market. The Swiss energy storage market is expected to grow from 318 MW in 2023 to 1.3 GW in 2030.

What is Italy's energy storage capacity in 2023?

Italy’s installed energy storage capacity in 2023 is 3.9 GW, and is expected to increase to 18 GW by 2030, mainly in the pre-table energy storage and household storage markets.

How many residential energy storage systems are there in Germany?

By September 2023, Germany has installed more than 1 million residential energy storage systems and expects to add more than 400,000 units per year in the future. Volatile energy prices and the popularity of photovoltaic self-use have driven demand for residential energy storage, which is expected to continue to grow through 2030.

Which country is promoting the development of residential energy storage?

In terms of residential energy storage, the Polish government has launched Moj PRD 5.0 subsidy program to encourage the development of residential energy storage. Sweden’s installed battery storage capacity is expected to grow from 503 MW in 2023 to 3.8 GW in 2030, with high revenue levels in the ancillary services market driving the market growth.

Will Spain install 242 MW of energy storage in 2023?

Spain will install 242 MW of energy storage in 2023 and is expected to increase to 5.8 GW by 2030. Although the foundation is solid, but the lack of core incentive policies, the subsequent growth of the market is weak.