Overseas household storage, market continues to be "hot"

How to view the sustainability of overseas household savings growth?

The driving forces for the development of household storage markets vary among countries, mainly influenced by the accelerated transformation of energy structure. In addition, the superposition of European natural gas removal, Russia-Ukraine conflict, geopolitical crisis and other factors has also accelerated the growth of the market. The following summarizes several important factors that affect the scale of the household energy storage market

Policy subsidies

In order to promote household storage and installation of machines, various countries have introduced relevant subsidy policies, mainly including capacity subsidies, tax reductions, and low interest loans, to further improve the economic efficiency of household storage supporting facilities. The following is an analysis of the main development markets for household energy storage:

🔹 Europe
The growth of the European household storage market mainly comes from the following five countries: Germany, Italy, Austria, the United Kingdom, and Switzerland. Among them, Germany is the market with the largest installed capacity of household energy storage in the world. Basically, the top states in terms of installed capacity, such as Bavaria, Baden-Württemberg and North Rhine, all have subsidies from financial, third-party institutions and policies. In recent years, some emerging countries such as Switzerland and Poland have also shown a significant growth trend in household storage and installation capacity. According to EESA calculations, it is expected that by 2025, the overall installed capacity of household storage in the top 5 European countries will be around 35.5GWh, with an optimistic outlook of 46GWh.