Ancillary services indicate frequency and voltage regulation of the grid and reserve capacity; energy arbitrage refers to electricity trading; others include energy trading, backup power supply, firming, and ramp management.
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Breakdown of battery power storage capacity in Europe 2024, by application
Ancillary services connected to electricity grid regulation accounted for the largest battery capacity installed in Europe in 2024, making them the main application of battery storage systems. Only ** percent of the battery systems installed in the region were for energy storage capacity.
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EY. (June 13, 2024). Distribution of battery energy storage capacity in Europe in 2024, by application [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 19, 2026, from /statistics/1498419/europe-battery-storage-capacity-by-application-share/
EY. "Distribution of battery energy storage capacity in Europe in 2024, by application." Chart. June 13, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 19, 2026. /statistics/1498419/europe-battery-storage-capacity-by-application-share/
EY. (2024). Distribution of battery energy storage capacity in Europe in 2024, by application. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 19, 2026. /statistics/1498419/europe-battery-storage-capacity-by-application-share/
EY. "Distribution of Battery Energy Storage Capacity in Europe in 2024, by Application." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 13 Jun 2024, /statistics/1498419/europe-battery-storage-capacity-by-application-share/
EY, Distribution of battery energy storage capacity in Europe in 2024, by application ÌÇÐÄÆÆ½â°æ, /statistics/1498419/europe-battery-storage-capacity-by-application-share/ (last visited July 19, 2026)
Distribution of battery energy storage capacity in Europe in 2024, by application [Graph], EY, June 13, 2024. [Online]. Available: /statistics/1498419/europe-battery-storage-capacity-by-application-share/