Is Europe ready for a 20 kWh battery energy storage system?
From ESS News EUPD Research is generally optimistic about the European market for residential battery energy storage systems (BESS) with up to 20 kWh capacity. According to their “Electrical Energy Storage Report Europe”, the Bonn-based analysts expect strong demand this year.
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For more information or to purchase the report, please visit EUPD Research’s official website. EUPD Research is a leading market research and consulting firm specializing in the renewable energy sector.
How many home storage systems are installed in Germany in ?
According to EUPD Research, around 270,000 home storage systems were installed in Germany in the first half of , roughly equivalent to the same period last year. Nevertheless, analysts expect BESS installations in Germany to decline by 5% year-on-year.
How many GWh will electric energy storage be installed this year?
According to their “Electrical Energy Storage Report Europe”, the Bonn-based analysts expect strong demand this year. They expect around 5 GWh to be installed in the first half of the year and a further 6 GWh in the second half of the year.
Will Germany's home storage system growth slow down?
However, growth in the continent’s largest markets could slow down slightly – and as in the case of Germany, the number of new installations could even fall. According to EUPD Research, around 270,000 home storage systems were installed in Germany in the first half of , roughly equivalent to the same period last year.
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4.5 EUPD GmbH retains ownership of all goods and all licensing rights pertaining to the usage of data files as well as intellectual property until payment of invoice has been made in full. Intellectual property rights are lawfully retained by the author.
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