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Europe Pump Hydro Storage Market Research Report by Plant Configuration (Open-Loop Systems, Closed-Loop Systems), by Capacity (Small-Scale Plants, Medium-Scale Plants, Large-Scale Plants), by End Use (Residential, Commercial, Industrial, Utility), and by

Publisher Market Research Future
Published Sep 10, 2025
Length 115 Pages
SKU # RESFT20479016

Description

Forecasts indicate the Europe pump hydro storge market will attain USD 29,692.90 Million by 2035, expanding at a 9.3% CAGR over the end of 2035. Pumped hydro storage is a renewable energy system that stores electricity in the form of potential energy by pumping water to an elevated reservoir. During peak demand, the stored water is released to generate electricity through turbines, ensuring grid stability.

Europe, propelled through the industrial development, electrified transport, and widespread renewable adoption, has been experiencing a steep rise in electricity consumption, which is driving the Pumped Hydro Storage market. PHS is contributing to the grid balance by smoothing out energy fluctuations and stabilizing the integration of renewable power. With Europe’s commitment to decarbonization, countries are prioritizing large-scale PHS expansion and modernization, leveraging advanced technologies and favorable geography to meet rising energy demands efficiently and sustainably.

Key Company Development
In Q3 2023, ANDRITZ unveiled its Advanced HydroMatrix® turbine upgrade, revolutionizing small hydropower technology. The solution integrates innovative hydraulic design and digital intelligence to enhance energy efficiency while minimizing environmental footprint. By combining sustainability with technological excellence, ANDRITZ goes a step further in being a global leader in the innovative renewable hydropower sector and contributing to the worldwide modernization and sustainability of the hydropower infrastructure.

Major Competitors
Major players in the Europe pump hydro storage market are ANDRITZ, Enel S.p.A., Siemens, Iberdrola S.A., Voith GmbH & Co. KGaA, Statkraft AS, AFRY AB, GUGLER Water Turbines GmbH, Repsol, and EDF (Électricité de France).

Report Attribute Details
• Market Size 2024: USD 11,205.5 Million
• Market Size 2035: USD 29692.90294 Million
• CAGR (2025-2035): 9.3%
• Base Year: 2024
• Market Forecast Period: 2025-2035

Market Segmentation Insights
• By Plant Configuration: Open-Loop Systems - 9.8%, Closed-Loop Systems - 8.4%.
• By Capacity: Small-Scale Plants - 11.2%, Medium-Scale Plants - 9.7%.
• By Country: Germany – 9.2%, UK – 8.6%.
• By End Use: Residential – 10.2%, Commercial – 9.6%.

Table of Contents

115 Pages
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Overview
3.2 Data Flow
3.2.1 Data Mining Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.6 Approaches For Market Size Estimation:
3.6.1 Consumption & Net Trade Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Technique
3.8 Data Modeling
3.8.1 Microeconomic Factor Analysis:
3.8.2 Data Modeling:
3.9 Teams And Analyst Contribution
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Demand For Renewable Energy
4.2.2 Rising Electricity Demand
4.3 Restraints
4.3.1 High Initial Investment And Other Costs
4.3.2 Environmental And Location Concerns
4.4 Opportunity
4.4.1 Advancement In Pumped Hydro Storage Technology
4.5 Impact Analysis Of Covid-19
4.5.1 Impact On Supply Chain Of Pumped Hydro Storage Market
4.5.2 Impact On Market Demand Of Pumped Hydro Storage Market
5 Market Factor Analysis
5.1 Supply Chain Analysis
5.1.1 Participants
5.1.1.1 Raw Materials Sourcing
5.1.1.2 Equipment Manufacturer & Technology Provider
5.1.1.3 Engineering, Procurement, And Construction
5.1.1.4 Grid Integration & Energy Storage Operations
5.1.1.5 Energy Trading & Distribution
5.1.1.6 End-users
5.2 Porter’s Five Forces Model
5.2.1 Bargaining Power Of Suppliers
5.2.2 Bargaining Power Of Buyers
5.2.3 Threat Of New Entrants
5.2.4 Threat Of Substitutes
5.2.5 Intensity Of Rivalry
5.3 Regulatory Landscape
5.3.1 Government Policies And Initiatives
5.3.2 Impact On The Market
5.3.3 Patent Analysis
5.4 Environmental Impact And Sustainability
5.4.1 Carbon Footprint
5.4.2 Sustainability Initiatives
5.5 Pestel Analysis
6 Europe Pumped Hydro Storage Market, By Plant Configuration
6.1 Introduction
6.2 Open-loop Systems
6.3 Closed-loop Systems
7 Europe Pumped Hydro Storage Market, By Capacity
7.1 Introduction
7.2 Small-scale Plants
7.3 Medium-scale Plants
7.4 Large-scale Plants
8 Europe Pumped Hydro Storage Market, By End Use
8.1 Introduction
8.2 Residential
8.3 Commercial
8.4 Industrial
8.5 Utility
9 Europe Pumped Hydro Storage Market, By Country
9.1 Introduction
9.1.1.1 Germany
9.1.1.2 France
9.1.1.3 Uk
9.1.1.4 Italy
9.1.1.5 Spain
9.1.1.6 Russia
9.1.1.7 Netherlands
9.1.1.8 Switzerland
9.1.1.9 Norway
9.1.1.10 Rest Of Europe
10 Competitive Landscape
10.1 Introduction
10.2 Competition Dashboard
10.3 Company Market Share Analysis, 2023 (%)
10.4 Competitive Benchmarking
10.5 Leading Players In Terms Of The Number Of Developments In The Market
10.6 Comparative Analysis: Key Players Financial, 2023
10.7 Key Developments & Growth Strategies
10.7.1 New Product Launch/Service Deployment
10.7.2 Joint Ventures
11 Company Profiles
11.1 Andritz
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Key Developments
11.1.4 Swot Analysis
11.1.5 Key Strategy
11.2 Enel S.P.A
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Key Developments
11.2.4 Swot Analysis
11.2.5 Key Strategy
11.3 Siemens.
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Key Developments
11.3.4 Swot Analysis
11.3.5 Key Strategy
11.4 Iberdrola S.A Group
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Key Developments
11.4.4 Swot Analysis
11.4.5 Key Strategy
11.5 Voith Gmbh
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Key Developments
11.5.4 Swot Analysis
11.5.5 Key Strategy
11.6 Statkraft As
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Key Developments
11.6.4 Swot Analysis
11.6.5 Key Strategy
11.7 Afry Ab
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Key Developments
11.7.4 Swot Analysis
11.7.5 Key Strategy
11.8 Gugler Water Turbines Gmbh
11.8.1 Company Overview
11.8.2 Financial Overview
11.8.3 Key Developments
11.8.4 Swot Analysis
11.8.5 Key Strategy
11.9 Repsol
11.9.1 Company Overview
11.9.2 Financial Overview
11.9.3 Key Developments
11.9.4 Swot Analysis
11.9.5 Key Strategy
11.10 Edf
11.10.1 Company Overview
11.10.2 Financial Overview
11.10.3 Key Developments
11.10.4 Swot Analysis
11.10.5 Key Strategy
11.11 Data Citations
List Of Tables
Table 1 Qfd Modeling For Market Share Assessment
Table 2 Europe Pumped Hydro Storage Estimates & Forecast, By Plant Configuration, 2019–2035 (Usd Million)
Table 3 Europe Pumped Hydro Storage Estimates & Forecast, By Capacity, 2019–2035 (Usd Million)
Table 4 Europe Pumped Hydro Storage Market Estimates & Forecast, By Region, 2019–2035 (Usd Million)
Table 5 Germany Pumped Hydro Storage Estimates & Forecast, By Plant Configuration, 2019–2035 (Usd Million)
Table 6 Germany Pumped Hydro Storage Estimates & Forecast, By Capacity, 2019–2035 (Usd Million)
Table 7 Germany Pumped Hydro Storage Estimates & Forecast, By End Use, 2019–2035 (Usd Million)
Table 8 France Pumped Hydro Storage Estimates & Forecast, By Plant Configuration, 2019–2035 (Usd Million)
Table 9 France Pumped Hydro Storage Estimates & Forecast, By Capacity, 2019–2035 (Usd Million)
Table 10 France Pumped Hydro Storage Estimates & Forecast, By End Use, 2019–2035 (Usd Million)
Table 11 Uk Pumped Hydro Storage Estimates & Forecast, By Plant Configuration, 2019–2035 (Usd Million)
Table 12 Uk Pumped Hydro Storage Estimates & Forecast, By Capacity, 2019–2035 (Usd Million)
Table 13 Uk Pumped Hydro Storage Estimates & Forecast, By End Use, 2019–2035 (Usd Million)
Table 14 Italy Pumped Hydro Storage Estimates & Forecast, By Plant Configuration, 2019–2035 (Usd Million)
Table 15 Italy Pumped Hydro Storage Estimates & Forecast, By Capacity, 2019–2035 (Usd Million)
Table 16 Italy Pumped Hydro Storage Estimates & Forecast, By End Use, 2019–2035 (Usd Million)
Table 17 Spain Pumped Hydro Storage Estimates & Forecast, By Plant Configuration, 2019–2035 (Usd Million)
Table 18 Spain Pumped Hydro Storage Estimates & Forecast, By Capacity, 2019–2035 (Usd Million)
Table 19 Spain Pumped Hydro Storage Estimates & Forecast, By End Use, 2019–2035 (Usd Million)
Table 20 Russia Pumped Hydro Storage Estimates & Forecast, By Plant Configuration, 2019–2035 (Usd Million)
Table 21 Russia Pumped Hydro Storage Estimates & Forecast, By Capacity, 2019–2035 (Usd Million)
Table 22 Russia Pumped Hydro Storage Estimates & Forecast, By End Use, 2019–2035 (Usd Million)
Table 23 Netherlands Pumped Hydro Storage Estimates & Forecast, By Plant Configuration, 2019–2035 (Usd Million)
Table 24 Netherlands Pumped Hydro Storage Estimates & Forecast, By Capacity, 2019–2035 (Usd Million)
Table 25 Netherlands Pumped Hydro Storage Estimates & Forecast, By End Use, 2019–2035 (Usd Million)
Table 1 Switzerland Pumped Hydro Storage Estimates & Forecast, By Plant Configuration, 2019–2035 (Usd Million)
Table 2 Switzerland Pumped Hydro Storage Estimates & Forecast, By Capacity, 2019–2035 (Usd Million)
Table 3 Switzerland Pumped Hydro Storage Estimates & Forecast, By End Use, 2019–2035 (Usd Million)
Table 4 Norway Pumped Hydro Storage Estimates & Forecast, By Plant Configuration, 2019–2035 (Usd Million)
Table 5 Norway Pumped Hydro Storage Estimates & Forecast, By Capacity, 2019–2035 (Usd Million)
Table 6 Norway Pumped Hydro Storage Estimates & Forecast, By End Use, 2019–2035 (Usd Million)
Table 7 Rest Of Europe Pumped Hydro Storage Estimates & Forecast, By Plant Configuration, 2019–2035 (Usd Million)
Table 8 Rest Of Europe Pumped Hydro Storage Estimates & Forecast, By Capacity, 2019–2035 (Usd Million)
Table 9 Rest Of Europe Pumped Hydro Storage Estimates & Forecast, By End Use, 2019–2035 (Usd Million)
Table 10 Competition Dashboard: Europe Pumped Hydro Storage Market
Table 11 Leading Players In Terms Of The Number Of Developments In The Market
Table 12 New Product Launch/Service Deployment
Table 13 Joint Ventures
Table 14 Andritz : Key Developments
List Of Figures
Figure 1 Europe Pumped Hydro Storage Snapshot, 2024
Figure 2 Europe Pumped Hydro Storage Market: Structure
Figure 3 Europe Pumped Hydro Storage Market: Market Growth Factor Analysis (2025-2035)
Figure 4 Europe Renewable Energy, In 2023 (% Of Total Energy)
Figure 5 Share Of Eu Electricity Demand Among The Top 10 Countries In 2023 (%)
Figure 6 Driver Impact Analysis (2025-2035)
Figure 7 Comparative Analysis Of Investment Costs For Pumped Hydro Storage And Other Energy Storage Systems
Figure 8 Ranking Of Seven Challenges To Phs Development
Figure 9 Restraint Impact Analysis (2025-2035)
Figure 10 Supply Chain Analysis: Europe Pumped Hydro Storage Market
Figure 11 Porter’s Five Forces Model: Europe Pumped Hydro Storage Market
Figure 12 Europe Pumped Hydro Storage Patent Type
Figure 13 Europe Pumped Hydro Storage Market, By Plant Configuration, 2024 (% Share)
Figure 14 Europe Pumped Hydro Storage Market, By Capacity, 2024 (% Share)
Figure 15 Europe Pumped Hydro Storage Market, By End Use, 2024 (% Share)
Figure 16 Europe Pumped Hydro Storage Major Players Market Share Analysis, 2023 (%)
Figure 17 Benchmarking Of Major Competitors
Figure 18 Comparative Analysis: Key Players Financial, 2023
Figure 19 Andritz: Financial Overview Snapshot
Figure 20 Andritz : Swot Analysis
Figure 21 Enel S.P.A.: Financial Overview Snapshot
Figure 22 Enel S.P.A: Swot Analysis
Figure 23 Siemens : Financial Overview Snapshot
Figure 24 Seimens: Swot Analysis
Figure 25 Iberdrola S.A: Financial Overview Snapshot
Figure 26 Iberdrola S.A: Swot Analysis
Figure 27 Voith Gmbh: Financial Overview Snapshot
Figure 28 Voith Gmbh: Swot Analysis
Figure 29 Statkraft As : Financial Overview Snapshot
Figure 30 Statkraft As : Swot Analysis
Figure 31 Arfy Ab : Financial Overview Snapshot
Figure 32 Arfy Ab: Swot Analysis
Figure 33 Gugler Water Turbines Gmbh: Swot Analysis
Figure 34 Repsol: Financial Overview Snapshot
Figure 35 Repsol: Swot Analysis
Figure 36 Edf: Financial Overview Snapshot
Figure 37 Edf : Swot Analysis 111

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