When our Digital Renewables research team reviewed the European BESS market, it became clear that Italy is one of the most interesting countries for the battery storage sector. Like many other European states, Italy’s energy market is undergoing a significant transformation due to the rapid expansion of renewable energy sources. Battery energy storage systems (BESS) […]
A review of the European BESS market reveals that the United Kingdom is a leading country in this sector. With one of the largest portfolios at 6.8 GW/10.5 GWh, the UK is also one of the most attractive countries for BESS projects. This development is supported by robust government policies and a diverse range of […]
With an operational battery storage capacity of 6.8 GW/10.5 GWh, the UK is a leader in the European battery storage sector. The UK’s goals are even more ambitious. By 2030, they plan to have a battery energy storage system (BESS) capacity of 25 GW. Achieving these goals seems possible. More than 1.4 GW were commissioned […]
Germany is in the midst of an energy transition. The significant expansion of renewable energy sources, such as wind and solar power, has resulted in an estimated 800 hours of negative electricity prices per year. For this reason, renewable energy companies are investing extensively in battery storage systems. Another important reason for the latest investments […]