Recording of Wednesday, June 19, 2024 | The smarter E Europe | Conference Program | Language: English | Duration: 11:56 .
Rystad Energy provides comprehensive data, insights, and analysis across the global energy market to enhance transparency during the energy transition. Their coverage spans from micro-level individual assets such as over 4 million oil wells and 150,000 renewable power assets to macro-level analyses of more than 5,000 energy companies worldwide. Focusing on Europe’s battery energy storage market reveals significant regional disparities. Western Europe is mature in this sector with nearly 20 gigawatts of active storage capacity. In contrast, Southern and Eastern European markets collectively struggle to reach just three gigawatts but are expected to grow rapidly. Eastern Europe's battery storage market is projected to expand tenfold by decade's end, driven by nations like Poland and Romania; however, countries like Bulgaria and Hungary are starting from minimal installations. Revenue opportunities vary regionally within Europe; notably, Eastern European markets show higher profits from energy arbitrage compared to established markets like Germany or the UK. Co-locating batteries with solar farms can help boost capture prices for struggling developers in countries such as Greece and Bulgaria. Specifically in Bulgaria, a unique mix of thermal and nuclear base load generation presents additional benefits for incorporating battery storage systems alongside increasing solar capacity projections.
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Sepehr Soltani
Analyst
Rystad Energy
Norway
In June 2024, Munich will host the European Championship - not just for soccer, but also for energy storage markets. To determine the 2024 European Energy Storage Champion, we will examine each nation's strengths and weaknesses when it comes to the market potential for energy storage deployment, both today and in the near future. Will heavyweights like the UK, Germany and Italy take the crown? Will Spain or the Netherlands deliver on their promises? And what about exciting newcomers like Poland, Greece or the Nordics? Join us for this panel of market experts to determine the European champions - and cheer on your team to victory.
Further Talks of this session:
Speaker
Anna Darmani
Lead Analyst, Energy Storage Europe
Wood Mackenzie
United Kingdom
Speaker
Benedikt Deuchert
Head of Business Development and Regulatory Affairs
Kyon Energy Finance GmbH
Germany
Speaker
Alexa Strobel
CEO
Field Energy
Germany
Speaker
Haralambos Panagopoulos
Senior LP Planner
HELLENIC PETROLEUM R.S.S.O.P.P. S.A.
Greece
Speaker
Eva Zimmermann
Associate Flexible Energy
Aurora Energy Research
Germany