The Energy Storage Report 2024

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

european union

May 25, 2021
The first pilot deployment of a large-scale electrochemical energy storage system (ESS) has been completed in the Ukraine, less than a year after system supply contracts were signed.
May 19, 2021
Large-scale liquid air energy storage (LAES) systems which can store and discharge energy for up to six hours are being planned in Spain by technology provider Highview Power.
May 5, 2021
Germany’s second ‘Innovation Tender’ for clean energy projects combining different technologies has awarded 258MW of capacity to solar-plus-storage across 18 bids.
March 24, 2021
Europe’s cumulative electrochemical energy storage installation capacity has gone past the 5GWh mark and this year is likely to see installations almost double from 2020’s figures.
March 15, 2021
Europe is on course to become the world’s second-largest lithium-ion battery cell producing region by 2025, although some key challenges need to be addressed, a European Commission vice-president has said.
March 2, 2021
The success of an auction for fast reserve grid services held by Italy’s transmission system operator (TSO) indicates a strong appetite for battery storage, but market rules and regulations need some revision to capture that opportunity.
January 27, 2021
European member states are to bankroll dozens of projects to create new battery manufacturing solutions.
December 17, 2020
The European Union (EU) looks set to introduce the “most extensive product legislation in the world for batteries,” but its potential shortcomings include the risk that battery prices could go up and that established manufacturers from Asia might be better positioned to benefit from the rules than the new European value chain.
December 15, 2020
A €105 million (US$127.6 million) push to develop low-cost, environmentally-friendly lithium-ion battery technology by Sunlight, a designer and manufacturer of batteries headquartered in Greece, will receive €49.9 million in grant funding.
December 11, 2020
Proposed updates to EU legislation on batteries that aim to address some of the issues associated with Europe’s supply chain have been welcomed by trade industry association RECHARGE, albeit with the suggestion that they may be too complex in their current form.

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