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Europe’s battery energy storage boom: Record growth and investor momentum

  • After years of niche status, batteries are now mainstream in power markets.
  • Europe saw substantial growth in battery storage, attracting investments and reshaping strategies.
  • Expansion across residential, utility-scale, and commercial segments is driven by falling costs.
  • Policy reforms, global supply chain dynamics, and grid integration challenges influence growth.
  • Despite challenges, batteries are crucial for Europe's decarbonization toolbox and energy transition.

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