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  3.2GW
  • 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 70
Under License 0 129 129
Early development 1,121 1,694 2,815
Total storage UK 1,361 1,823 3,184

The Swangate Storage Project is in commercial Operation