Energy storage boom stalls in Europe

Slowdown in large-scale clean energy projects started before coronavirus crisis due to lack of state support
Europe’s energy storage boom stalled last year due to a slowdown in large-scale schemes designed to store clean electricity from major renewable energy projects, according to the European Association for Storage of Energy (Ease).
A new study by consultants Delta-EE for Ease found that the European market grew by a total of 1 gigawatts per hour in 2019, a significant slowdown compared with 2018, when the energy storage market exceeded expectations to grow by 1.47GWh.
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Slowdown in large-scale clean energy projects started before coronavirus crisis due to lack of state support

Europe’s energy storage boom stalled last year due to a slowdown in large-scale schemes designed to store clean electricity from major renewable energy projects, according to the European Association for Storage of Energy (Ease).

A new study by consultants Delta-EE for Ease found that the European market grew by a total of 1 gigawatts per hour in 2019, a significant slowdown compared with 2018, when the energy storage market exceeded expectations to grow by 1.47GWh.

Continue reading…

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