Europe Grid-scale Energy Storage Outlook 2022
This report looks into the Europe grid-scale energy storage market and forecasts demand over the next ten years. We collect granular data on 18 European countries, which we divide into ranked tiers based on their growth potentials. By exploring key drivers and barriers, we identify markets leading to a 20-fold expansion of the grid-scale storage market by 2031. Strategic takeaways are derived from key regulations, energy storage and power cost trends, and competition among flexibility resources.