In order to meet its renewable energy targets, the European Union is expected to need 187 gigawatts of energy storage capacity by 2030. For 2050, energy storage requirements in the region should add up to 600 gigawatts. The deployment of renewable energy sources, such as wind and solar, is expected to grow considerably in the coming decades as the EU races to decarbonize its energy supply by 2050. There is consensus that energy storage technologies will be imperative in order to maintain system reliability in such a scenario, without depending on gas turbines.
Estimated energy storage requirements in the European Union (EU) in 2030 and 2050
(in gigawatts)
including exisiting storage capacity in the region
Supplementary notes
Figures are estimated considering the storage and system flexibility needs in order to accommodate the growth in renewable capacity, in accordance with decarbonization targets in the region such as REPowerEU and Fit for 55. They include both bi-directional storage, as well as one-directional technologies for system flexibility.
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EASE. (June 15, 2022). Estimated energy storage requirements in the European Union (EU) in 2030 and 2050 (in gigawatts) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1334691/european-union-energy-storage-needs/
EASE. "Estimated energy storage requirements in the European Union (EU) in 2030 and 2050 (in gigawatts)." Chart. June 15, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1334691/european-union-energy-storage-needs/
EASE. (2022). Estimated energy storage requirements in the European Union (EU) in 2030 and 2050 (in gigawatts). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1334691/european-union-energy-storage-needs/
EASE. "Estimated Energy Storage Requirements in The European Union (Eu) in 2030 and 2050 (in Gigawatts)." Statista, Statista Inc., 15 Jun 2022, https://www.statista.com/statistics/1334691/european-union-energy-storage-needs/
EASE, Estimated energy storage requirements in the European Union (EU) in 2030 and 2050 (in gigawatts) Statista, https://www.statista.com/statistics/1334691/european-union-energy-storage-needs/ (last visited November 21, 2024)
Estimated energy storage requirements in the European Union (EU) in 2030 and 2050 (in gigawatts) [Graph], EASE, June 15, 2022. [Online]. Available: https://www.statista.com/statistics/1334691/european-union-energy-storage-needs/
