EMEA's share in global energy storage deployment has been declining in the past few years and is expected to fall even further in the coming decade. As large energy consuming markets such as the United States and China sharpen their focus on renewable capacity additions, their investments in power system flexibility are set to increase. As a result, EMEA is forecast to only account for 13 percent of the energy storage market by 2030.
Share of global energy storage deployment accounted for by Europe, the Middle East, and Africa in 2014 and 2019, with a forecast for 2030
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Greentech Media. (November 9, 2020). Share of global energy storage deployment accounted for by Europe, the Middle East, and Africa in 2014 and 2019, with a forecast for 2030 [Graph]. In Statista. Retrieved April 26, 2024, from https://www.statista.com/statistics/1183219/emea-share-in-energy-storage-deployment/
Greentech Media. "Share of global energy storage deployment accounted for by Europe, the Middle East, and Africa in 2014 and 2019, with a forecast for 2030." Chart. November 9, 2020. Statista. Accessed April 26, 2024. https://www.statista.com/statistics/1183219/emea-share-in-energy-storage-deployment/
Greentech Media. (2020). Share of global energy storage deployment accounted for by Europe, the Middle East, and Africa in 2014 and 2019, with a forecast for 2030. Statista. Statista Inc.. Accessed: April 26, 2024. https://www.statista.com/statistics/1183219/emea-share-in-energy-storage-deployment/
Greentech Media. "Share of Global Energy Storage Deployment Accounted for by Europe, The Middle East, and Africa in 2014 and 2019, with a Forecast for 2030." Statista, Statista Inc., 9 Nov 2020, https://www.statista.com/statistics/1183219/emea-share-in-energy-storage-deployment/
Greentech Media, Share of global energy storage deployment accounted for by Europe, the Middle East, and Africa in 2014 and 2019, with a forecast for 2030 Statista, https://www.statista.com/statistics/1183219/emea-share-in-energy-storage-deployment/ (last visited April 26, 2024)
Share of global energy storage deployment accounted for by Europe, the Middle East, and Africa in 2014 and 2019, with a forecast for 2030 [Graph], Greentech Media, November 9, 2020. [Online]. Available: https://www.statista.com/statistics/1183219/emea-share-in-energy-storage-deployment/