By ESS news
Europe continues to lead the global residential energy storage segment, accounting for seven of the ten largest global residential storage markets by 2025. This year, however, the European residential storage market is experiencing a 9% decline in installations for the second consecutive year.
There are two main reasons for this shrinkage. On the one hand, there is the decline in energy prices from their peak during the energy crisis, which has reduced consumers’ sense of urgency to install storage to reduce their energy bills. And on the other hand, the expiration of large government subsidies in key markets, which has eliminated a crucial incentive for storage adoption.
However, the downturn is now nearing an end: installations will stagnate in 2026 and growth will pick up again in 2027 and beyond.
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