In 2021, residential energy storage accounted for the largest share of cumulative storage capacity in Europe, at 46 percent. Meanwhile, grid-scale energy storage made up a 44 percent share. Nevertheless, the grid-scale segment is forecast to grow considerably in the next decade, to account for over 60 percent of the cumulative capacity in 2031.
Distribution of the energy storage market in Europe in 2021, with a forecast for 2031, by segment
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Other statistics that may interest you Energy storage in Europe
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Key figures
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European leaders
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Wood Mackenzie. (July 28, 2022). Distribution of the energy storage market in Europe in 2021, with a forecast for 2031, by segment [Graph]. In Statista. Retrieved April 25, 2024, from https://www.statista.com/statistics/1327614/distribution-energy-storage-market-in-europe-segment/
Wood Mackenzie. "Distribution of the energy storage market in Europe in 2021, with a forecast for 2031, by segment." Chart. July 28, 2022. Statista. Accessed April 25, 2024. https://www.statista.com/statistics/1327614/distribution-energy-storage-market-in-europe-segment/
Wood Mackenzie. (2022). Distribution of the energy storage market in Europe in 2021, with a forecast for 2031, by segment. Statista. Statista Inc.. Accessed: April 25, 2024. https://www.statista.com/statistics/1327614/distribution-energy-storage-market-in-europe-segment/
Wood Mackenzie. "Distribution of The Energy Storage Market in Europe in 2021, with a Forecast for 2031, by Segment." Statista, Statista Inc., 28 Jul 2022, https://www.statista.com/statistics/1327614/distribution-energy-storage-market-in-europe-segment/
Wood Mackenzie, Distribution of the energy storage market in Europe in 2021, with a forecast for 2031, by segment Statista, https://www.statista.com/statistics/1327614/distribution-energy-storage-market-in-europe-segment/ (last visited April 25, 2024)
Distribution of the energy storage market in Europe in 2021, with a forecast for 2031, by segment [Graph], Wood Mackenzie, July 28, 2022. [Online]. Available: https://www.statista.com/statistics/1327614/distribution-energy-storage-market-in-europe-segment/