The capacity of energy storage in Europe grew by approximately 4.5 gigawatts in 2022 and is forecast to grow by another six gigawatts in 2023. Energy storage is expected to increase following a fall in deployment costs and will become paramount in addition to greater investments in variable renewable energies.
As of 2022, the operational energy storage capacity in the European Union amounted to over 50 gigawatts.
Annual energy storage installations capacity in Europe in 2022, with a forecast to 2023
(in gigawatts)
Characteristic
Energy storage capacity in gigawatts
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EASE. (April 15, 2023). Annual energy storage installations capacity in Europe in 2022, with a forecast to 2023 (in gigawatts) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1169607/europe-energy-storage-capacity-outlook/
EASE. "Annual energy storage installations capacity in Europe in 2022, with a forecast to 2023 (in gigawatts)." Chart. April 15, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1169607/europe-energy-storage-capacity-outlook/
EASE. (2023). Annual energy storage installations capacity in Europe in 2022, with a forecast to 2023 (in gigawatts). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1169607/europe-energy-storage-capacity-outlook/
EASE. "Annual Energy Storage Installations Capacity in Europe in 2022, with a Forecast to 2023 (in Gigawatts)." Statista, Statista Inc., 15 Apr 2023, https://www.statista.com/statistics/1169607/europe-energy-storage-capacity-outlook/
EASE, Annual energy storage installations capacity in Europe in 2022, with a forecast to 2023 (in gigawatts) Statista, https://www.statista.com/statistics/1169607/europe-energy-storage-capacity-outlook/ (last visited August 24, 2024)
Annual energy storage installations capacity in Europe in 2022, with a forecast to 2023 (in gigawatts) [Graph], EASE, April 15, 2023. [Online]. Available: https://www.statista.com/statistics/1169607/europe-energy-storage-capacity-outlook/