Europe’s BESS Market to Grow 45% YoY in 2025: Wood Mackenzie

Germany’s BESS deployment is likely to double to 7 GW by 2034

December 18, 2025

/ Melvin Mathew
/ Energy Storage, Large Scale
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Europe’s battery energy storage system (BESS) market has matured, with deployments reaching 11 GW in 2024. Installations are expected to grow 45% year-over-year (YoY) to 16 GW by the end of 2025, according to new analysis from Wood Mackenzie.

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Melvin Mathew

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BESSEuropeFrequency MarketGermanyPricesWood Mackenzie
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