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Capacity additions to energy storage installations in Europe in 2022 and 2023 (in gigawatts)

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Sources

Release date

April 2024

Region

Europe

Survey time period

2022 and 2023

Supplementary notes

*Figure retrieved from published in April 2023.

Citation formats

Energy storage installations capacity in Europe 2022-2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Sep 3, 2024

The capacity of energy storage in Europe grew by ** gigawatts in 2023. Energy storage increased 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 ** gigawatts.

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