The European Commission, 22 EU countries, and industry and finance representatives have agreed to add 30 to 35 gigawatts of storage by 2028. A policy paper suggests a possible target of 45 gigawatts. Europe currently has about 55 gigawatts of storage but could need around 200 gigawatts by 2030.
Europe needs more energy storage, so batteries become critical infrastructure
Battery storage is evolving from a mere reserve to an integral part of the electricity supply. Commercial and industrial storage is expected to grow from 9 gigawatt-hours in 2026 to 24 gigawatt-hours by 2028. Falling battery costs are helping drive this growth. Battery prices fell by about 93 per cent between 2010 and 2024. More storage could also reduce Europe’s gas dependence. By 2030, it could replace up to 60 per cent of gas imports, save around 9 billion euros in gas costs and reduce grid congestion costs by more than 60 per cent as well.
Regulation and supply chains remain challenges
Battery projects face high grid costs, slow approvals and delays. Europe also relies heavily on Asia for batteries and key materials. Recycling remains weak, though new EU rules aim to improve battery collection and recycling. The EU agreement is a first step, but more action is needed. Europe may need 200 gigawatts of storage by 2030 to support wind and solar, reduce gas use and improve energy security.
VERE e.V. is in contact with the relevant stakeholders and keeps its members informed of further developments via the “VERE Insider”.
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