Seven months ahead of the exhibition around 80 percent of exhibition space has already been booked
Munich, 04 December 2015 – Seven months ahead of the start of ees Europe 2016, most of the exhibition space for Europe’s Largest Exhibition for Batteries and Energy Storage Systems has already been booked – and this despite the fact that following the huge success of last year’s exhibition, capacities have already been considerably increased from 9,000 square meters in 2015 to 12,000 square meters in the coming year. The growing interest reflects the energy storage industry’s vast market potential as well as its relevance for the energy transition and future energy supply.
From storage systems for homeowners to technical solutions for distributed storage systems to large-scale storage systems for commercial and industrial applications: The market potential for battery storage systems is enormous. The German think tank Agora Energiewende (Energy Transformation Initiative) estimates the combined potential of the German market at up to 200 GW of storage capacity. Growth is spurred on by steadily diminishing investment costs. While the lion’s share lies in the area of battery storage systems for e-mobility, single home storage systems and storage devices for commercial applications and balancing reserves are also promising areas, with a total potential of up to 68 GW of output, and a possible total capacity of 176 GWh.
The flourishing market for photovoltaic storage systems contributes to this positive environment. According to the latest forecasts by EuPD Research, the European market for photovoltaic storage systems may grow more than four-fold, to almost 900 million euros per year, between 2015 and 2020. With a current share of around 90% of all new PV storage system installations in Europe, Germany is spearheading this development. The share of renewable (and thus volatile) energy in the power grid in Europe, and in Germany in particular, is greater than anywhere else in the world, making the region the driver for the global market.
