1、European Market Outlook for Battery Storage 2024-2028S o l a r P o we r E ur o p e L e a d i ng th e E ne rgy T ra nsi ti on S ola rP owe r E urope i s a me mb e r-le d a ssoc i a ti on th a t a i ms to e nsure th a t more e ne rgy i s ge ne ra te d b y sola r th a n a ny oth e r e ne rgy sourc e b

2、y 2030.www.s o l a r p o we r e ur o p e.o r gJ oi n 300+I nf l ue nc eI nt e l l i g e nc eN e t wo r kD i s c o unt sV i s i b i l i t yE uropeme mb e rsS ola rP owe rE urope a n Ma rk e t Outlook f or Ba tte ry S tora ge 2024-20283F o r e wo r dWelco me to the Eu r o p ean Mar ket Ou tlo o k fo r

3、 Batter y Sto r age 2 02 4-2 02 8.S ola r a nd i ts re ne wa b le pe e rs h a ve prove n th e i r pi vota l role f or th e we ll-b e i ng of E urope i n re c e nt ye a rs,a s th e y h a ve b a c k e d th e c onti ne nts e ne rgy se c uri ty,h e lpi ng to ma noe uvre th rough a n unpre c e d e nte d

4、e ne rgy c ri si s.Wi th re ne wa b le s now powe ri ng ove r 4 0%of th e E urope a n U ni ons e le c tri c i ty c onsumpti on tod a y,i ts h i gh ti me to put th e spotli gh t on a k e y e na b le r to a d va nc e on th e c le a n e ne rgy tra nsi ti on roa d wi th th e goa l of e ne rgy i nd e pe

5、nd e nc e a h e a d sta ti ona ry b a tte ry e ne rgy stora ge syste ms.Wh i le poli c yma k e rs h a ve b e e n look i ng c lose ly a t b a tte ri e s i n li gh t of th e i r i nstrume nta l role f or th e e le c tri f i c a ti on of th e a utomoti ve i nd ustry,i t h a s b e e n wi d e ly mi sse d

6、 th a t th e y a re i nd i spe nsa b le f or th e gre e n tra nsi ti on of E urope s powe r syste m too.O n a d a i ly,we e k ly,a nd se a sona l sc a le,f le xi b le re ne wa b le s ne e d la rge a mounts of stora ge to provi d e powe r wh e n th e re s not e nough sun a nd wi nd,a nd a b sorb ove