European household energy storage system ranking

Is Europe a leader in residential energy storage?

While China and the US dominate the market, Europe leads in residential energy storage – and this is set to expand on the continent by nearly tenfold this decade. However, by 2023 Europe will give up its leadership position to the Americas, where there will be further investment in the residential segment.

What is the 'European market outlook for residential battery storage'?

SolarPower Europe has published its third ‘European Market Outlook for Residential Battery Storage’ report, covering 2022-2026, which analyses the current state of play of residential batteries across Europe.

Which country has the largest residential storage market in Europe?

Overall, Germany is expected to remain the biggest and most developed residential storage market in Europe over the next years. Our Medium Scenario estimates new additions of 5.95 GWh for 880,000 new units between 2021 and 2025.

Is the home storage market growing in Europe?

The market for home storage is growing at a record pace across Europe. For example, in its latest market study for residential energy storage, SolarPower Europe calculates an increase in storage capacity of 71% (3.9 GWh) in the most likely scenario for the past year.

What are the top 4 battery storage markets in Europe?

Moreover, the study looks at the top 4 battery storage markets in Europe: Germany, Italy, United Kingdom, and Austria. This study also outlines policy recommendations to enable the further growth of residential battery storage across Europe.

Which countries install the most solar & storage systems in Europe?

The Top 5 markets together, Germany, Italy, UK, Austria, and Switzerland, installed 93% of new European solar & storage. Walburga Hemetsberger, CEO of SolarPower Europe said, “As the popularity of residential solar increases, more households are realising that domestic storage systems will maximize the value of their solar PV systems.