LSP Renewables commends the recent announcement by DTEK, which has secured UAH 3 billion (€67 million) in financing from a consortium of Ukrainian banks to construct one of the largest battery energy storage systems (BESS) in Eastern Europe.
How many battery energy storage systems were installed in Europe in 2024?
21.9 GWh of battery energy storage systems (BESS) was installed in Europe in 2024, marking the eleventh consecutive year of record breaking-installations, and bringing Europe's total battery fleet to 61.1 GWh. However, the annual growth rate slowed down to 15% in 2024, after three consecutive years of doubling newly added capacity.
Will Poland lead Eastern Europe's battery storage market?
Poland is set to lead Eastern Europe's battery storage market, with 9GW offered grid connections and 16GW in the capacity auctions.
When is the Energy Storage Summit Central Eastern Europe?
The Energy Storage Summit Central Eastern Europe is set to return in September 2025 for its third edition, focusing on regional markets and the unique opportunities they present.
*In the European Market Outlook for Battery Storage, the Europe region refers to the EU-27 + the UK + Switzerland. Spain analysis from the report Last year Spain installed less than 250 MWh of batteries (14th biggest market in Europe 2024).
Should the European Commission adopt an energy storage action plan?
The European Commission must adopt an Energy Storage Action Plan within a broader Flexibility Package, to harmonise markets, remove regulatory barriers, and ensure storage is integral to national energy strategies.
Is the battery storage age just beginning in Europe?
Walburga Hemetsberger, CEO of SolarPower Europe (she/her), said: “If Europe has already entered the solar age, the battery storage age is just beginning. With solar energy mainstreaming across the continent, now is the time for European decisionmakers to put batteries at the centre of a flexible, electrified, energy system.