The IHS Markit analyst team attended SmarterE 2019 in Munich featuring EES Europe. While the core European front-of-the-meter markets stagnate, new geographic opportunities emerge, and behind-the-meter energy storage deployment accelerates. Battery safety is becoming a key concern for industry stakeholders.
Below we have summarised some of the key takeaways from our discussions at the show and highlights from the presentations given by our analyst team.
- European front-of-the-meter markets stagnate as geographic diversity increases
- Battery supply chain concerns ease, but the industry is increasingly focused on safety
- Mini-grids utilising energy storage are driving rural electrification and offer power resiliency to C&I customers
- Complete solar plus storage packahes and larger capacity systems are launched for the European residential market