Lithium-core energy storage in western europe

What is the European energy storage inventory?

A new interactive platform delivers real-time clean energy storage insights as Europe shifts toward sustainable energy sources. Energy storage helps to balance supply and demand. The European Energy Storage Inventory is the first of its kind at European level to show all forms of clean energy storage solutions.

What is the fastest growing market for lithium-ion batteries?

Currently the transportation sector is the fastest growing market for batteries, thus this report is focusing on lithium-ion (Li-ion) batteries for electric vehicles (EV). However, other applications, such as stationary energy storage are of increasing importance.

Should stationary batteries be deployed in Europe?

While Europe outpaces both China and the US for renewable energy capacity growth, it is not the case for stationary battery deployment. The EU has a much more robust and dense electricity grid, limiting dependence on storage.

Who is the best energy storage system integrator in the EU?

45 While an EU stationary storage market is only gradually developing, the EU already have a strong player, Fluence (co-owned by German Siemens and American AEG) remaining the top utility-scale energy storage system integrator in the world. 112

Is the EU ready for a lithium ion battery?

EU production of Li-ion battery cells was estimated to reach about 16 GWh, which is still much lower than EU production of lead-acid batteries. Thanks to the projects underway, largely resulting from the initiatives of the European Battery Alliance, the EU is on track to meet 69% of Li-ion batteries demand by 2025, and 89% by 2030.

Which countries have the most battery raw material projects in Europe?

Figure 23. Existing and announced battery raw material projects in Europe. Source: EBA250, 2021. Australia and Canada are the two countries with the greatest potential to provide additional and low-risk supply to the EU for almost all battery raw materials. Enhancing recycling has potential to decrease EU’s supply dependency.