Ancillary services connected to electricity grid regulation accounted for the largest battery capacity installed in Europe in 2024, making them the main application of battery storage systems. Only ** percent of the battery systems installed in the region were for energy storage capacity.
Ancillary services indicate frequency and voltage regulation of the grid and reserve capacity; energy arbitrage refers to electricity trading; others include energy trading, backup power supply, firming and ramp management.
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EY. (June 13, 2024). Distribution of battery energy storage capacity in Europe in 2024, by application [Graph]. In Statista. Retrieved July 05, 2025, from https://www.statista.com/statistics/1498419/europe-battery-storage-capacity-by-application-share/
EY. "Distribution of battery energy storage capacity in Europe in 2024, by application." Chart. June 13, 2024. Statista. Accessed July 05, 2025. https://www.statista.com/statistics/1498419/europe-battery-storage-capacity-by-application-share/
EY. (2024). Distribution of battery energy storage capacity in Europe in 2024, by application. Statista. Statista Inc.. Accessed: July 05, 2025. https://www.statista.com/statistics/1498419/europe-battery-storage-capacity-by-application-share/
EY. "Distribution of Battery Energy Storage Capacity in Europe in 2024, by Application." Statista, Statista Inc., 13 Jun 2024, https://www.statista.com/statistics/1498419/europe-battery-storage-capacity-by-application-share/
EY, Distribution of battery energy storage capacity in Europe in 2024, by application Statista, https://www.statista.com/statistics/1498419/europe-battery-storage-capacity-by-application-share/ (last visited July 05, 2025)
Distribution of battery energy storage capacity in Europe in 2024, by application [Graph], EY, June 13, 2024. [Online]. Available: https://www.statista.com/statistics/1498419/europe-battery-storage-capacity-by-application-share/