Reports
EU Market Outlook for Solar Power 2019-2023
2019 was the strongest growth year for solar in Europe since 2010, with more new solar capacity added this year than any other power generation
10/12/2019
Solar
Solar and storage are a perfect partnership. Storage extends solar’s power beyond the time the sun is in the sky, allowing energy producers to use solar 24 hours a day, 365 days a year. This opens up a whole new world of opportunities for solar, allowing solar technologies to be used to their full potential.
Self-consumption will be the driver for solar demand in the European Union; small-scale electric storage solutions will have a crucial role in expanding on-site consumption. At the same time, utility-scale battery storage will be increasingly used in providing additional services for stabilising the grid when using large amounts of flexible solar power. Moreover, solar and storage is the key to enabling a renewable baseload, while also reducing costs for networks. This will also lead to stable electricity prices and the empowerment of consumers and businesses.
With the increasing cost-competitiveness of solar-plus-storage solutions, more European citizens will have access to the clean energy power of these technologies. We will undoubtedly see an important increase in energy prosumers – citizens that both produce and consume their own energy – as solar and storage offer opportunities to decrease European citizen’s energy bill while increasing predictability of their energy supply. Solar and storage will be at the core of the new energy system.
Join SolarPower Europe’s Solar and Storage Workstream
In order to unlock the full potential of Solar and Storage, the proper policy and regulatory framework must be put in place. The Solar and Storage Workstream aims to monitor and support the transposition of the clean energy package into member states’ national legislative frameworks, with the goal of ensuring a favorable regulatory landscape that enables new business opportunities for Solar & Storage.
If you are interested in joining this Workstream, contact Raffaele Rossi.
Objectives:
- Help understand the benefits and synergies provided by solar and storage and ensure that markets recognise their value
- Disseminate knowledge on solar and storage through the publication of position papers, the drafting of factsheets to bust myths about commonly perceived issues on the topic, and the organisation of events – including our annual Digital Solar & Storage Conference
- Engage with solar and storage stakeholders and EU policymakers, facilitating dialogue to remove barriers on the way to a flexible, distributed, clean-powered European Union based on solar and storage
Did you know that:
- In some EU countries, the price of storage has fallen over 60% since late 2014 – and these prices are expected to drop another 50-60% by 2030
- Germany is one of the fastest growing markets for residential battery storage, more than 100,000 solar storage systems have been installed in the country.
- The energy storage market will see rapid expansion in the next years: the global storage market is forecast to grow to at least $250 billion by 2040
"By pairing solar with storage, the European Union can continue to increase the renewable penetration, while still being able to provide reliable, clean, and cost-effective energy to its all energy consumers during times of peak demand.”
Solar & Storage Workstream Leader
SMA PROVIDES CARIBBEAN ISLAND WITH 100% SOLAR POWER SUPPLY
GRID INTELLIGENT SOLAR - unleashing the full potential of utility-scale solar generation
This report, shows that solar is not only the lowest cost power source in many regions and crucial to meet EU climate targets, but also a reliable partner that helps to keep the grid stable and supports Europe’s security of supply.
Unleashing the Potential of solar & storage
This report from the Solar & Storage Workstream aims to emphasise the full potential of solar & storage in the future and policies must set the right conditions now. SolarPower Europe’s Solar & Storage Workstream calls on European policymakers to ensure that the policy asks outlined in this report are strengthened and fully reflected
Resources
Press Releases
FlexiDAO wins second annual Digital Solar & Storage Startup Awards with blockchain management tool
Innovation, the backbone of the renewables sector, was celebrated tonight at the second annual Digital Solar & Storage Startup Awards. The Startup Awards honour small, early-career
05/11/2019
Blog
Unleashing large-scale solar and storage through grid intelligent solar
This article is the seventh entry in SolarPower Europe’s 10-part blog series on ‘What’s Hot in Solar’. “Solar & storage make the perfect match, as storage
21/10/2019
Links
Workstream Members
