Pumped hydro is the most widely used technology for energy storage in Europe and worldwide, but batteries and hydrogen have come into the spotlight over the last decade as a recent trend in the energy storage market.
The Commission's European Energy Storage Inventory can help address this gap within Europe. Launched in March 2025, it is the first European-level tool of its kind, providing a real-time dashboard of energy storage levels in Europe, offering energy storage data across a full range of technologies.
Because of water resources availability and tailored energy policies, Germany, Italy, and Spain accounted for the largest pumped hydro storage capacity in the region, ranging between over nine gigawatts in Germany and 5.6 gigawatts in Spain in 2023. Discover all statistics and data on Energy storage in Europe now on statista.com!
However, despite an exponential growth in Europe's battery energy storage capacity, which reached 36 gigawatt-hours in 2023, pumped hydro still accounted for 90 percent of the electricity storage capacity in the European Union that year.
In terms of residential energy storage, the Polish government has launched Moj PRD 5.0 subsidy program to encourage the development of residential energy storage. Sweden's installed battery storage capacity is expected to grow from 503 MW in 2023 to 3.8 GW in 2030, with high revenue levels in the ancillary services market driving the market growth.
Future market potential is concentrated in pre-sheet energy storage and energy storage co-located projects, residential and commercial storage market space is not large. Ireland's battery storage capacity is expected to grow from 792 MW in 2023 to 3.9 GW in 2030, mainly in the pre-table storage market.
The European Energy Storage Market Monitor (EMMES) updates the analysis of the European energy storage market (including household storage, industrial storage and pre-metre storage) and forecasts until 2030.
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Discover all statistics and data on Energy storage in Europe now on statista !
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