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The European Commission's commitment to developing renewable energy is likely to be of primary importance for the growth of biomass power plant markets in Europe. Security of energy supply, reduction of emissions and sustainability of power supply are key factors which would contribute to market development. Although the matured markets might decli...

The Western European power plant services market has witnessed a resurgence in recent years, with increased investments in the power generation industry.

The Western European power plant services market is expected to experience solid growth as the market shifts from steam-fired power plants to gas-fired power plants in order to reduce carbon emissions and to achieve a more adaptive and flexible generating system. Revenue growth will be supported by more LTSAs sold to the new fleet of gas-fired powe...

Slovakia sits at the heart of the European energy network, with connections to Poland, Ukraine, Hungary and the Czech Republic. Slovakia generates 71.4% of its electricity from nuclear and hydropower. With the new nuclear units under construction, export potential is likely to exist, but this is expected in the long-term. Slovakia’s hydropower cap...

The European smart meters market is very much in the growth stage of its life cycle, with massive investment and acceleration anticipated within the current decade. Currently Sweden and Italy are the only mature markets in Europe. Smart meter developments are taking place in countries like Denmark, Finland and Norway, while large scale rollouts ha...

Germany was an early leader in renewable energy; although its pace has slowed, the country still continues to make significant investment in new wind and solar capacity. This investment must be supported by investment in new grid interconnections to ensure that the electricity generated is used and not wasted. Austria has also followed Germany's le...

12 Sep 2018  |  Europe  |  Market Research

Dynamic Competitors in the European Battery Energy Storage Market, 2018

Intelligent Software-based Energy Storage Solutions Providing Grid Ancillary Services Driving the Market

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Key Issues Addressed

The European energy storage market is undergoing a stage of technological evolution, with digital transformation, electric vehicle (EV) penetration, and smart grid initiatives leading the charge. The European region is becoming a hotspot for energy storage driven by falling battery and photovoltaic (PV) costs, attractive subsidies, and increasing e...