European Market Outlook for Battery Storage 2025-2029
7 May 2025
The report explores trends and forecasts across residential, commercial & industrial (C&I), and utility-scale battery segments, offering deep insights into Europe's energy storage landscape. With record growth in 2024 and new projections through 2029, the study highlights key market drivers, regional developments, and essential policy recommendations.
The European Market Outlook for Battery Storage 2025–2029 analyses the state of battery energy storage systems (BESS) across Europe, based on data up to 2024 and providing market forecasts under three scenarios through 2029. It covers key market trends, with a particular focus on the shift toward utility-scale storage, the continuing growth of residential and commercial installations, and the evolving role of battery storage in supporting Europe's clean energy goals.
The report includes detailed national market data for leading countries, examines regulatory and economic drivers behind deployment rates, and highlights disparities between markets. It also outlines the key challenges facing the sector, including underdeveloped frameworks and barriers to investment.
The study concludes with five policy recommendations designed to accelerate battery storage deployment and ensure energy systems are prepared to integrate high levels of renewable energy.
