European storage market 'set to double in 2021'

• Grid secondary services in markets including the UK, Italy as well as Nordics are driving growth, states report from EASE

The European storage space market is expected to get to 3000 megawatt-hours in 2021, according to a brand-new report from the European Organization for Storage Space of Energy (EASE).

The report, produced with energy working as a consultant Delta-EE, discovered that brand-new ancillary services have been accountable for the energy storage market doubling compared to 2020 levels of installations across Europe.

Key markets driving growth are Italy, the UK and the Nordics, the report stated.

The 5th version of the European Market Monitor on Energy Storage (EMMES) report exposed the front-of-meter segment, which includes utility-scale batteries, showed a lot more resistant during the pandemic, compared with business and also commercial and also behind-the-meter sections.

Looking ahead, 2021 looks "particularly strong" for the field with brand-new supplementary solutions opening up throughout Europe as well as nationwide targets additionally supporting regional projects, the report stated.

The EMMES highlights the strong performance of front-of-meter market throughout Europe in 2020, with new harmonizing and also ancillary solutions in countries such as Italy, the UK as well as the Nordic region sustaining need for grid-level storage space projects of enhancing period.

The report likewise highlights that the EUR1.8 trn EU COVID-19 Recovery Plan is expected to supply "substantial public investment" into clean energy modern technologies, consisting of storage.

The European Parliament has gotten in touch with the Payment to develop a brand-new detailed EU energy storage space method which could create brand-new market incentives and also help increase healing.

Delta-EE power storage space as well as flexibility head Jon Ferris claimed: "Last year's report showed stalled market development, particularly for the front-of-meter industry, so the reality that it recoiled in the midst of the pandemic is exceptional.

" We are preparing for development in the industry will certainly accelerate as improved accessibility to markets, especially for behind-the-meter storage, as well as the raising capability for batteries to pile worth from multiple markets, include in federal government assistance from 'environment-friendly recuperation' packages."

The EMMES report examines the European power storage market by market segment (front-of-meter, C&I, domestic) and nation, covering France, Italy, Germany, the UK and also other European local markets.

The report likewise discuss European plan updates pertinent to the industry.