Europe to reach 8 GWh of storage capacity
Europe is expected to install 3,000 MWh of energy storage capacity in 2021, according to a new report from the European Association for Storage of Energy.
the energy storage market in Europe should deploy 3,000 MWh of installed capacity this year, almost double the annual storage deployments seen in 2020. That will give Europe a total of 8 GWh of cumulative installed capacity.
The report highlights the strong performance of the front-of-meter market across Europe in 2020, with new balancing and ancillary services in countries such as Italy, the UK and the Nordic region supporting demand for grid-level storage projects of increasing duration.
Patrick Clerens, EASE Secretary General, commented, “The excellent 2021 storage outlook is a testament to the importance of a supportive policy and market framework for storage: the implementation of the Clean Energy Package is opening up new markets around Europe and improving the business case for storage. Policymakers’ strong commitment to the EU Green Deal and a ‘green’ COVID-19 recovery is hugely promising for the storage sector.”