The market size of energy storage systems in Europe is forecast to grow by 30 billion U.S. dollars between 2023 and 2031. In 2023, the market was valued at approximately 36 billion U.S. dollars. Energy storage systems included pumped hydro, battery, compressed air, and thermal storage.
More information on the global energy storage system market can be found here.
Market size of energy storage systems in Europe from 2021 to 2023 with a forecast until 2031
(in billion U.S. dollars)
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Extrapolate. (March 15, 2024). Market size of energy storage systems in Europe from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1457923/energy-storage-market-size-europe-forecast/
Extrapolate. "Market size of energy storage systems in Europe from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars)." Chart. March 15, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1457923/energy-storage-market-size-europe-forecast/
Extrapolate. (2024). Market size of energy storage systems in Europe from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1457923/energy-storage-market-size-europe-forecast/
Extrapolate. "Market Size of Energy Storage Systems in Europe from 2021 to 2023 with a Forecast until 2031 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Mar 2024, https://www.statista.com/statistics/1457923/energy-storage-market-size-europe-forecast/
Extrapolate, Market size of energy storage systems in Europe from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1457923/energy-storage-market-size-europe-forecast/ (last visited December 22, 2024)
Market size of energy storage systems in Europe from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars) [Graph], Extrapolate, March 15, 2024. [Online]. Available: https://www.statista.com/statistics/1457923/energy-storage-market-size-europe-forecast/