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Europe Renewable Energy Storage Market Size Trends, Analysis, and Forecast till 2035

Publisher Prophecy Market Insights
Published Jun 01, 2025
Length 167 Pages
SKU # PRMI20292800

Description

The Europe Renewable Energy Storage Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.

Renewable energy storage refers to devices that store energy from sources including solar, wind, and hydropower for later use, assuring a regular and stable energy supply despite their intermittent nature. The EU's climate ambitions, stringent environmental rules, and a strong push for energy independence are all contributing to the market's rapid expansion in Europe. With the help of government incentives, smart grid investments, and battery technology improvements, the growing grid integration of renewable energy sources is driving up demand for effective storage solutions. Energy storage is a vital component of Europe's clean energy transition since the combination of AI and smart grids will further improve grid stability and efficiency.

Report Highlights:
  • Europe renewable energy storage market size is valuated at USD 25.7 Billion in 2025.
  • Target market size is estimated to be valuated at USD 97.2 Billion by 2035 and at a CAGR of 14.8%.
  • According to the source, the largest proportion of the Europe renewable energy storage market is held by solar energy.
  • Battery energy storage systems (BESS) technology holds the largest Europe renewable energy storage market share.
  • Due to its use, the industrial application holds the largest Europe renewable energy storage market share in.
Key Highlights:
  • In March 2025, Risen Energy, a global leader in renewable energy, debuted three new products at Intersolar Europe: the Risen Stack Modular Energy Storage System, the Luvit Micro Inverter, and the Gurap String Inverter. These innovations, which are designed for residential, commercial, and industrial (C&I) settings as well as large-scale ground-mounted solar applications, further reinforce the company's focus on providing integrated solar storage solutions.
Report Analysis:

Technologies Used for Renewable Energy Storage:
  • Pumped hydroelectricity energy storage
  • Electrochemical battery energy storage
  • Thermal and Phase Transition energy storage
  • Mechanical energy storage
  • Hydrogen electrolysis
Segmentation:

By Source:
  • Wind
  • Hydropower
  • Solar
  • Others
By Technology:
  • Pumped Hydroelectric Storage
  • Battery Energy Storage
  • Flywheel Energy Storage
  • Compressed Air Energy Storage
  • Thermal Energy Storage
  • Hydrogen Energy Storage
By Application:
  • Residential
  • Commercial
  • Industrial
By Country:
  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
Europe Renewable Energy Storage Market Companies:

Northvolt AB

VoltStorage

Polarium Energy Solutions AB

ENERGY DOME S.p.A.

SOCOMEC, Inc.

Weco S.r.l.

HagerEnergy GmbH

AXSOL GmbH

Gravitricity

VARTA AG

KIC InnoEnergy SE

TESVOLT AG

Bredenoord

Skeleton Technologies

What You’ll Gain from This Report:
  • Regional & Country-Specific Insights: Unlock detailed market share analysis across key regions and countries, empowering you to pinpoint growth opportunities and optimize your strategic positioning.
  • Guidance for Market Entry: Expert-backed strategies to overcome entry barriers, establish a foothold, and accelerate expansion in new or competitive markets.
  • Reliable Long-Term Forecasts: Data-driven projections from 2025 to 2035, including pivotal milestones for 2025, 2026, and 2030, ensuring confident, future-proof investments.
  • In-Depth Market Trend Analysis: Explore the forces shaping the industry—drivers, challenges, emerging opportunities, and risks—along with insights into high-growth sectors and potential obstacles.
  • Proven Business Strategies: Actionable, data-backed recommendations tailored to key market segments, helping you maximize profitability and outperform competitors.
  • Competitive Intelligence: Stay ahead with a clear view of industry trends, competitor strategies, and untapped market potential to refine your approach.
  • Exclusive Company Profiles: In-depth analysis of top market players, including business models, financial performance, strategic initiatives, and recent developments.
  • Innovative Supply Chain Trends: Discover the latest technological advancements transforming supply chains—boosting efficiency, cutting costs, and driving innovation.
This report provides the strategic intelligence you need to navigate a dynamic market landscape and make decisions that propel long-term success.

FAQs:

Key Questions Answered in the Report.

1. What was the Europe Renewable Energy Storage Market size in 2025?

2. What is projected growth rate of the Europe Renewable Energy Storage Market during 2025-2035?

3. What are the key factors driving the Europe Renewable Energy Storage Market growth?

4. What are leading players in the Europe Renewable Energy Storage Market ?

5. What are the key regions analyzed in the Europe Renewable Energy Storage Market ?

6. Which region is dominating in the Europe Renewable Energy Storage Market ?

Table of Contents

167 Pages
Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Source
Market Snippet, By Technology
Market Snippet, By Application
Market Snippet, By Country
Opportunity Map Analysis
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
Product Launch
Merger and Acquisitions
Impact Analysis
PEST Analysis
Porter’s Analysis
The Role of Energy Storage in the European Power System of 2040
Evolution of electricity consumption between 2016 and 2017 in Europe
Market Segmentation, By Source, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Wind
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Hydropower
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Solar
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Technology, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Pumped Hydroelectric Storage
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Battery Energy Storage
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Flywheel Energy Storage
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Compressed Air Energy Storage
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Thermal Energy Storage
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Hydrogen Energy Storage
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Application, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Residential
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Commercial
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Industrial
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Country, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Regional Trends
Europe
Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Technology, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Germany
U.K.
France
Russia
Italy
Spain
Netherlands
Rest of Europe

Pricing

Currency Rates
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