Under the European energy crisis, electricity prices have soared, and the high economic efficiency of European household solar storage has been recognized by the market, and the demand for solar storage has started to explode.
From the perspective of large storage, large storage installations in some overseas regions are expected to start on a large scale in 2023. Under the dual-carbon policies of various countries, overseas developed regions have entered the stage of new energy installed capacity replacing stock thermal power installed capacity. The growth of installed capacity has made the power system’s demand for energy storage more urgent. At the same time as large-scale new energy installations, large-scale supporting energy storage peak regulation and frequency regulation are also required. It is worth mentioning that the cost of photovoltaic modules has begun to decline, and the cost of overseas energy storage projects has also decreased. The superimposed overseas peak-to-valley price difference is larger than that in China, and the income of overseas large-scale energy storage is relatively higher than that in China.
Europe took the lead in proposing the goal of carbon neutrality in 2050. Energy transformation is imperative, and energy storage is also an indispensable and important link to protect new energy.
In the past few years, the European household storage market has mainly relied on the development of a few countries. For example, Germany is the country with the highest accumulated household storage system capacity in Europe so far. With the vigorous development of some household storage markets such as Italy, the United Kingdom and Austria, the household storage capacity in Europe has grown rapidly. The economy and convenience of household storage are also becoming more and more attractive in Europe. In the highly competitive energy market, energy storage has gained attention in Europe and will usher in steady growth.
Post time: May-18-2023
