European Market Outlook for Battery Storage 2025-2029
With record growth in 2024 and new projections through 2029, the study highlights key market drivers, regional developments, and essential policy recommendations.
nse incentive programmes waned, so did home solar and storage installation. Nevertheless, over 3 million home batteries have been connected to European grids within three years, shielding fa
Despite this growth, it remains significantly below the required levels to ensure grid flexibility in a renewables-based energy system. As highlighted in the Mission Solar 2040 study, the EU-27 would need 780 GWh of BESS capacity by 2030 to fully support the energy transition.
in unwanted stop-and-go market dynamics.1.3 MW, Amsterdam, the NetherlandsAustria has changed the support framework for home batteries, as the government has recently e iminated the VAT exemption that sent installations to a new record in 2024. In 2025, there will only be one national CAPEX programme that provides funding of 200 EUR/kW
coupled with 3.5 MWh BESS, Bruchsal, GermanySupport schemesHome batteriesGovernment support schemes play a crucial role in promoting the adoption of residential batteries by helping households lower initial investment costs. In Europe, direct support for home batteries typically falls into tw
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