Recording of Tuesday, May 06, 2025 | The smarter E Europe Conferences 2025 | Conference Program | Language: English | Duration: 14:45 .

Europe's Energy Storage Market Poised for Gigawatt Growth with New Contract Opportunities and Innovative Battery Solutions

The transcript from aiconver AI provides an in-depth look at the integration and impact of artificial intelligence across various sectors, emphasizing its role in enhancing business operations through improved efficiency, accuracy, and decision-making. Machine learning algorithms are highlighted for their ability to process large datasets to derive strategic insights beneficial for industries like healthcare, finance, retail, and manufacturing. Ethical considerations such as data privacy and bias mitigation are also discussed as essential factors for maintaining public trust in AI technologies. The conversation delves into future trends with advancements in natural language processing (NLP) expected to facilitate more sophisticated human-computer interactions. In parallel discussions about Europe's energy storage market growth driven by renewable energy challenges reveal that installed capacity is projected to rise significantly over the next decade due to flexible resource shortages causing negative power prices since 2019. Energy storage projects have been spurred on by new contract opportunities beyond traditional markets like Germany and the UK. Emerging revenue models include optimization services and hybrid PPAs combining solar agreements with storage components aimed at firming capacities amidst volatile pricing environments. Additionally explored is the evolving landscape of energy systems focusing on Virtual Power Plants (VPPs), which aggregate smaller assets comparable to grid-scale solutions impacting utilities' strategies towards aggregated storage technologies managed efficiently via leasing models rather than direct investments—indicating significant potential expansion within residential applications integrated into VPP frameworks or similar innovative setups.

_{Automated summarization by AI Conver}

Speaker

Anna Darmani
Principal Analyst, Energy Storage Europe
Wood Mackenzie
United Kingdom

Talk of session: Future Trends: How Will the Market Develop, Which Applications Will Become Relevant?

What are emerging trends in battery storage? How are installation numbers evolving across the residential, C&I, and utility-scale battery markets? What new and existing applications are driving market growth? What can we learn from developments in other regions, such as the UK, and what insights can be applied to the European market? These are the questions that will be explored in this session.

Further Talks of this session:

Welcome and Introduction

Speaker

Dr. Alexander Hirnet
Vice President Device Development
sonnen GmbH
Germany

To Talk

Drivers for an Accelerated Deployment of Battery Storage Systems in Europe

Speaker

Antonio Arruebo
Market Analyst
SolarPower Europe
Belgium

To Talk

Unlocking New Revenue Streams for Battery Storage in Europe

Speaker

Simon De Clercq
Senior Associate
Aurora Energy Research
Germany

To Talk

Unlocking Profitable Utility-Scale Bess in Europe: Challenges and Opportunities in the Spot Market

Speaker

Sepehr Soltani
Senior Analyst
Rystad Energy
Norway

To Talk

Q&A and Panel Discussion

To Talk