The latest figures on home batteries installed in European homes \u2013 which are used to support rooftop solar PV systems \u2013 demonstrate a clear trend of consumers seeking protection from high electricity prices. <\/p>\n\n\n\n
The total home battery capacity across Europe jumped from 650,000 installed in Europe in 2021, to 1 million home batteries in 2022. Europe now hosts enough home batteries to power more than every household in Latvia.<\/p>\n\n\n\n
Technically, this translates to total capacity growing from around 3 GWh in 2020 to over 5 GWh in 2021 and hitting the 9 GWh mark in 2022. In 2021, the European residential battery storage market more than doubled and broke two new records, adding more than 2.3 GWh in a single year and more than 200,000 individual units. <\/p>\n\n\n\n
Walburga Hemetsberger, CEO of SolarPower Europe, said, \u201cSolar and storage are the perfect pair. Batteries supply the power of the sun, around the clock. In years defined by high retail electricity prices, solar & storage helps to reduce electricity bills. It is no surprise that consumers are installing record numbers of battery powered homes every year.\u201d<\/p>\n\n\n\n
The top five European markets for home batteries (Germany, Italy, Austria, UK, and Switzerland) were responsible for 88% of the installed batteries in Europe in 2021 \u2013 with Germany leading with a 59% share alone. To accelerate solar & storage deployment, SolarPower Europe calls on EU policymakers to use existing funds to support the battery component of solar systems in emerging residential solar markets. <\/p>\n\n\n\n
Michael Schmela, Director of Market Intelligence at SolarPower Europe, said, \u201cAn occasionally overlooked technology, batteries have essentially become a standard component of household solar systems in leading markets. This success story needs to be replicated across Europe. European policymakers must recognise and follow the clear market signals coming from their citizens. People are seeking true control of their energy bills and affordable, reliable, and clean power supply \u2013 in other words, solar & battery storage.\u201d<\/p>\n\n\n\n