Recording of Wednesday, May 07, 2025 | The smarter E Europe Exhibition Program 2025 | Exhibition Program | Language: English | Duration: 14:34 .
Saif Islam, a senior consultant at EUPD Research, and Ali Arfa, the data manager, presented insights into the European and German storage markets. They discussed secondary market data and growth trends in PV installations from 2022 to 2024. The annual installation rate is expected to reach around 63-65 gigawatts by 2024 with Germany leading as a top market followed by Spain and Italy. A significant trend noted was the segmental balancing shift within these markets where residential segments are declining while commercial (CNI) systems are increasing alongside utility projects due to large-scale PV installations saturating capacities. Ali highlighted that geopolitical developments such as tariffs affecting lithium-ion battery prices could impact future storage costs in Europe. Saif concluded with findings from their Installer Monitor survey which showed an increase in demand for self-consumption solutions driven by electric vehicles despite some concerns about economic stagnation impacting business outlooks. Overall, they emphasized ongoing changes shaping Europe's energy landscape amidst evolving technologies and policies.
Automated summarization by AI Conver
The energy storage market is developing dynamically. What are the trends in the European and German storage market? Where are the best opportunities for development? Trade associations and industry representatives will provide valuable insights into the latest market trends, framework and emerging technologies.
Further Talks of this session: