European Market Outlook for Battery Storage 2024-2028

17 June 2024

SolarPower Europe has published its new "European Market Outlook for Battery Storage", covering 2024-2028. The study delves into the specifics of the residential, C&I and utility-scale battery segments across the leading European markets.

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About this report

The report illustrates the state of play of battery storage across Europe, with updated figures on annual and total installed capacities up to 2023 and a forecast of future installations under three scenarios until 2028.

The study delves into the specifics of the residential, C&I and utility-scale battery segments across the leading European markets, describing how regulatory frameworks and market conditions influence the uptake of this technology.

The report presents a set of policy recommendations aimed at strengthening the business case battery storage.

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Antonio Arruebo
Market Analyst
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