According to research from Aurora Energy, battery storage markets across the European continent will attract over €70 billion ($77 billion) in investment between now and 2050.
The vital role that batteries can play in the European power sector’s decarbonisation is set to drive a surge in installations over the next few decades — installed grid-scale capacity will rise to 42GW by 2030, and at least 95GW by 2050, compared to the 5GW installed across the continent today.
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