Summary：In 2020, the cumulative installed capacity of energy storage in Europe is 5.26GWh, and it is expected that the cumulative installed capacity will exceed 8.2GWh in 2021.

A recent report by the European Energy Storage Association (EASE) shows that the installed capacity of battery energy storage systems deployed in Europe in 2020 will be 1.7GWh, which is a 70% increase from about 1GWh in 2019, and the cumulative installed capacity will be about 0.55 in 2016. GWh rose to 5.26GWh at the end of 2020.

The report predicts that the cumulative installed capacity of electrochemical energy storage will reach about 3GWh in 2021. This means that if this year’s performance is as expected, the cumulative installed capacity in Europe in 2021 will exceed 8.2GWh.

Among them, the grid-side and utility-side markets contributed more than 50% of the installed capacity. The analysis pointed out that due to the increasing opportunities to enter the energy storage market (especially consumer-side energy storage), coupled with the support of various governments for the “green recovery” plan, the European energy storage market is expected to accelerate growth.

In different energy storage fields, most of the energy storage markets in European countries experienced significant growth last year.

In the household energy storage market, Germany will deploy household energy storage with an installed capacity of approximately 616MWh during 2020, with a cumulative installed capacity of approximately 2.3GWh, covering more than 300,000 households. It is expected that Germany will continue to occupy European household energy storage Market dominance.

The installed capacity of the Spanish residential energy storage market has also jumped from about 4MWh in 2019 to 40MWh in 2020, a 10-fold increase. However, due to the lockdown measures taken by the new crown epidemic, France only installed about 6,000 solar + energy storage systems last year, and the household energy storage market has shrunk significantly by about 75%.

In the grid-side energy storage market, the UK has the largest scale in this field. Last year, it deployed a grid-side battery energy storage system with an installed capacity of approximately 941MW. Some studies describe 2020 as the “Battery Year” in the United Kingdom, and a large number of battery energy storage projects will also go online in 2021.

However, the development of the European energy storage market will still face obstacles. One is that there is still a lack of a clear strategy to support the promotion of energy storage systems; the other is that many countries, including Germany, still have a double-charging system for using the grid, that is, the energy storage system must pay a one-time fee for obtaining electricity from the grid. , And then have to pay again for supplying electricity to the grid.

In comparison, the United States deployed a total of 1,464MW/3487MWh energy storage systems in 2020, which is an increase of 179% compared to 2019 based on installed capacity, surpassing the 3115MWh deployed from 2013 to 2019.

As of the end of 2020, China’s new electrochemical energy storage capacity has exceeded the GW mark for the first time, reaching 1083.3MW/2706.1MWh.

The report pointed out that in terms of renewable energy capacity growth, although Europe will surpass China and the United States, the awareness of the importance of energy storage in the transition is somewhat lagging. It is estimated that by 2023, due to China’s accelerated deployment of renewable energy development, the size of the utility energy storage market in the Asia-Pacific region will surpass that of North America.