STEPS

About: As the NWE is increasingly investing in distributed renewable energies (e.g. roof-mounted solar PV), the need for medium capacity energy storage solutions becomes apparent, with a market potential reaching €250bn by 2025. Heavily subsidized batteries from the US and Asia outpace EU suppliers through price-competition, and currently supply 80% of the storage market in NWE. Many of these mass-produced solutions are not tailored to the needs of local market segments including, e.g. housing providers, energy cooperatives and business parks. These use cases could benefit from tailored storage technologies, new technologies or adapted business models.

Duration: 3 April 2020 - 2 September 2023