Recording of Wednesday, June 19, 2024 | The smarter E Europe 2024 | Conference Program | Language: English | Duration: 11:56 .

Rystad Energy Provides Comprehensive Analysis on Global and European Energy Markets, Highlighting Growth in Battery Storage and Solar Integration Opportunities

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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Speaker

Sepehr Soltani
Analyst
Rystad Energy
Norway

Talk of session: Europe's Hottest Energy Storage Markets: Established Heavyweights and Exciting Newcomers

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:

Welcome and Introduction

Speaker

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

To Talk

Novel Business Cases for Market-Based Standalone Storage in Germany

Speaker

Benedikt Deuchert
Head of Business Development and Regulatory Affairs
Kyon Energy Finance GmbH
Germany

To Talk

BESS in Italy: A Regulated Approach to Deployment

Speaker

Alexa Strobel
CEO
Field Energy
Germany

To Talk

Standalone BESS in Greece: An Investigation of the DAM Arbitrage-Based Revenue Model for Prospective Merchant Installations

Speaker

Haralambos Panagopoulos
Senior LP Planner
HELLENIC PETROLEUM R.S.S.O.P.P. S.A.
Greece

To Talk

Policy, Market-Design and Power Market Fundamentals Effect on Battery Profitability

Speaker

Eva Zimmermann
Associate Flexible Energy
Aurora Energy Research
Germany

To Talk

Partners & Sponsors