Europe’s Battery Storage Boom Is An $84 Billion Investment Opportunity

Europe is set for a boom in battery storage installations with grid-scale capacity expected to jump sevenfold by the end of this decade and represent $84 billion (78 billion euros) in total investment opportunities through 2050, Aurora Energy Research said in a new report this week. As a key enabler of renewables rollout, battery storage is set for a massive acceleration by 2030, according to Aurora Energy Research’s European Battery Markets Attractiveness Report, which examines 24 countries to determine which offer the most attractive…