The International Photovoltaic Equipment Association (IPVEA) in cooperation with the cleantech consultancy EuPD Research have published a Renewable Energies and Electricity Storage Report, which details current developments in national energy markets in Europe.
The scope of electricity storage is diverse, ranging from electric through electrochemical to mechanical storage for different applications. But regardless of the technology all storage solutions have one thing in common: a need to further develop technology and expand production in order to make them economically viable. The study provides:
Overview of storage solutions according to power costs and maturity stages Exposition of storage applications in renewable energies
The report also analyses market potentials in Europe. The open market for PV storage solutions brings many opportunities, which reveal the strength of manufacturing companies in the PV industry. The report helps better understand the potentials of this new market. It includes an exposition of framework conditions in national energy markets in Europe, and scenario creation and model calculation for the market potential of PV storage solutions.
