Europe will need a total of 187GW of energy storage by 2030 and 600GW by 2050 to meet its renewable energy targets, according to the European Association of Energy Storage (EASE).
The 2030 figure was first published last month while the target for 2050, when the continent’s renewable mix is expected to reach 85%, is an entirely new forecast. The 600GW is part of a total of 811GW of flexibility capacity needed, with the rest made up of gas turbines.
Of the 187GW, 65GW will be pumped hydro energy storage (mostly already existing today), 67GW of battery storage and other short duration solutions, and 55GW of energy storage from longer-duration batteries and other energy storage solutions.
source: energy storage news