The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Europe deployed 1.9GW of battery storage in 2022, 3.7GW expected in 2023 – LCP Delta

LinkedIn
Twitter
Reddit
Facebook
Email

Some 1.9GW of grid-scale battery energy storage was deployed across Europe last year, of which nearly 85% was in UK, Ireland, Germany and France according to research firm and consultancy LCP Delta.

The company said 170 grid battery storage projects came online last year totalling 1.9GW, a record-breaking year. It is forecasting 3.7GW to come online in 2023, nearly 100% year-on-year growth. The figures are from its new energy storage data platform STOREtrack.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

A press release did not provide a country-level breakdown but LCP Delta did provide this data to Energy-Storage.news, detailed in the infographic below. Hover over a part of the bars in the chart to see which country it represents.

Source: LCP Delta, chart made by Solar Media.

According to the firm’s data, 833MW was deployed in GB in 2022 (UK excluding Northern Ireland). Solar Media’s Market Research UK Battery Storage Project Database Report pegs the figure at around 750MW/800MWh including Northern Ireland. In either case the figure corresponds to around 40% of the European total.

LCP Delta pegs Ireland as the next-highest market with 328MW deployed in 2022 (17%), followed by Germany’s 226MW (12.3%) and France’s 224MW (11.6%). The four countries combined therefore accounted for 84.4% of the 1.9GW deployed in 2022.

Italy is expected to jump substantially, from 1.3% of deployments in 2022 to 22.7% in 2023.

What were claimed to be the largest (by MWh) projects in Europe overall, and Europe excluding the UK, both came online last year. Harmony Energy brought a 196MWh system online in Yorkshire, Northern England, while two 100MWh projects in Belgium were commissioned around the turn of the year; one from developer Corsica Sole and another from Nippon Koie-Aquila Clean JV.

The European Union made several high-profile policy moves last week to help foster the growth of the continent’s energy storage market which were welcomed by the industry.

Its new Net Zero Industry Act, part of the Green Deal Industrial Plan, was proposed last week to help “scale up the clean energy transition quickly” and included energy storage as one of the technologies covered. Earlier in the week, its proposed Electricity Market Design reforms were welcomed by energy storage trade bodies.

LCP Delta was formed through the merger of LCP Energy and energy transition analysis and research group Delta-EE.

Read Next

Premium
May 21, 2024
Finding developers who want long-term partnerships on projects is key when entering multiple different markets, the head of shipping and energy infrastructure firm BW Group’s energy storage development and operation arm says.
Premium
May 17, 2024
We hear from renewables independent power producer (IPP) and energy trading firm Monsson about a recent BESS project in Romania which reportedly used nearly 100% European technologies.
Premium
May 16, 2024
UK electricity market operator National Grid ESO is reassessing how much energy storage gets paid in the Capacity Market, battery storage operators told Energy-Storage.news, with one calling the current system ‘outdated’.
May 16, 2024
Infrastructure investor InfraVia has bought a majority stake in Giga Storage, a Netherlands-headquartered BESS developer which is building a 2.4GWh project in Belgium.
May 16, 2024
Inverter and BESS company Sungrow has signed a deal with developer Nofar Energy for a 230MWh project in Saxony-Anhalt, Germany.

Most Popular

Email Newsletter