In 2022, the installed capacity of battery energy storage systems in Europe exceed 420,000 sets

March 3, 2023


In 2022, the installed capacity of battery energy storage systems in Europe exceed 420,000 sets


Installed domestic battery storage capacity in Europe more than doubles to 2.31 GWh in 2021, with Germany having the largest market share.

It is estimated that in 2022, it will reach 3.9 GWh, maintaining an annual growth rate of 71%. At that time, the cumulative installed capacity of household battery energy storage systems in the entire European region will reach 9.3GWh

Skyrocketing energy prices in Europe have not only led to a boom in the distributed rooftop PV market, but also driven massive growth in home battery storage systems. SolarPower Europe (SPE) said in its latest report "European Market Outlook For Residential Battery Storage 2022-2026" that the European residential battery energy storage market will more than double in 2021 to 2.3 GWh, with Germany having the largest market share, accounting for In 2021, Italy will add 321 MWh of installed capacity, with an annual growth rate of 240%.

Cumulative installed capacity of domestic battery storage systems in Europe is expected to grow to 9.3GWh by the end of 2022. Under normal circumstances, it is expected that by the end of 2026, the total installed capacity of household energy storage systems will increase by more than 300%, reaching 32.2 GWh, and the number of households with solar storage systems will reach 3.9 million. In an ideal scenario, the total installed capacity would increase further to 44 GWh, "but in the absence of the right policy framework, it could also be reduced by a third".


The report pointed out that there are four major residential battery energy storage markets in Europe, namely Germany, Italy, Austria and the United Kingdom. SPE predicts that Germany will maintain the first position in the next five years, followed by Italy. By 2026, Poland and Sweden will rise to third and fourth places respectively.


Raffaele Rossi, Head of Market Intelligence at SPE, concludes: "Today's and future energy systems require a coordinated policy effort on electricity storage. In an energy crisis, we cannot afford to waste electricity generated by renewables because we don't have the means to store it. This This means urgently developing EU and national energy storage strategies and putting in place the right policy frameworks to support energy storage and self-consumption business models.”