Latest forecasts that the scenery to drive the 2040 European energy storage market will soar to 89 gigawatts (gw)

Solar photovoltaic (pv) net news: with the steady growth of solar and wind power, energy storage system looks will overcome the flexibility of other suppliers.

, according to Wood Mackenzie, the latest research in the UK, Germany, France, Italy and Spain the five European markets, variable renewable energy ( VRE) Power generation is the earliest will be the biggest power generation market in 2023.

in order to balance the growth, solar equipment, configuration flexibility assets will be essential. Therefore, solar equipment, facilities and interconnects, and natural gas peak energy storage capacity is expected to be increased from 122 gw in 2020 to 2030 in 202 gigawatts (gw), then increased to 260 gw by 2040.

in this capacity, energy storage system looks will win, become the first choice for flexible assets. Due to low cost and compatible with the VREs, energy storage system capacity is expected from 3 gw in 2020 to 2030 in 26 gw, then 89 gw by 2040.

this will mean that by 2040, there will be 320 GWH storage to balance the five market power grid. In the meantime, with the reduction of cost of battery system duration could also increase.

Wood Mackenzie, chief analyst at Florida & middot; McCarthy ( 罗里·麦卡锡) Said the growth of gas peak shaving VREs facilities are more important than any time before, & other; Because they can easily start, duration and is not restricted. ”

　　“ However, solar panels, by 2030, in all of our target market, energy storage system will cost more than natural gas peak power, China solar power network, this leads to the future of any new peak generator outlook is not optimistic. ” Fuels and the carbon price is rising, net zero policy will ultimately aiming at all electricity market service of decarburization. Market forces, though, have been in the crowd out, but there is no limit on the gas is likely to be the next target after coal in the European Union.

　　“ In terms of energy storage and photovoltaic + energy storage technology will continue to decline. By 2030, an average of 3 hours, the independent system of cost will be reduced by 33%. Peak, it can be used together with the gas power plant and use the low prices and negative, it is natural gas facilities cannot do, this push it into the field of flexible assets, priority & throughout; McCarthy added.

the battery energy storage capacity growth is likely to be in front of the meter for the most part, but after the meter end there will be a leap. Hybrid renewable energy systems and power bills management will make it more attractive in the next twenty years, at the same time can also provide elastic advice.

falling demand and renewable energy, lead to the power grid dominated by green energy, even though this means that the carbon intensity of since may lower than any one month since the industrial revolution, but it is still promote the development of the power grid.

in addition to the renewable energy, all other forms of power generation will be steady decline over the next few years, the reduction of coal is the largest. In Britain, the only remaining three coal-fired power plants, and since April this year, there is no coal-fired electricity on the grid.

in 2040, nuclear power installed capacity is expected to reduce 41 gw, and large natural gas plants 40 gw of installed capacity will be reduced, because governments to look to the reducing gas in order to realize the decarburization.

　　“ Market need for high capital expenditure of renewable energy construction to provide the right signals. In addition, the system also requires the low-carbon flexible solutions provide incentives and income, these solutions in addition to sales of energy, also by providing services to the output value. When we are at zero marginal cost, an allocation of electricity fill the power system, for the policy makers will become more obvious. ”

according to Britain's electricity energy storage network to a recent report, in the UK, the government should be energy storage business into its electricity permits framework, to allow it to grow, give full play to their potential.

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