The global growth in renewable energy requires storage solutions in order to be able to function and grow

  • Total battery capacity continued to grow in UK, reaching a pick level of 6.4 GWh by the end of 2024 up from 4.7 GW at the end of 2023.

  • The UK battery storage market currently stands at just 4.6 GW and is expected to reach 18GW by 2027 and more than 22GW by 2030.

  • The installed capacity of battery storage in the EU in 2024 is expected to reach 22.4GWh, an increase of 30% compared to 2023, and to grow 3.5 times by 2028, reaching 78.1GWh

Econergy Enters the Storage Market in the UK as a Dominant Player

  • Econergy has an existing storage project Pipeline under development in the UK of  2.1GW
  • Econergy is developing storage projects in two configurations:
    • As Co-Location projects together with the PV and wind projects the Company is developing – creating substantial synergy both at the connection point to the grid and in significant savings in shared costs
    • As stand-alone grid-support storage projects
  • Managing team: A robust, experienced local development team with proven experience in the energy sector and it has access to high-quality connection points to the grid.
Storage projects in the UK (MWh) Stand-alone storage projects Co-located projects Total
Operational/Ready for Connection 50 50
Under Construction 120 120
Approaching Construction 70 99 169
Under License 747 249 996
Early development 249 548 797
Total storage UK 1,236 896 2,132

The Swangate Storage Project is in commercial Operation