European Energy Storage System Integrator Ranking

Who is the dominant integrator in the European market?

Additionally, according to Wood Mackenzie, in the European market, dominant integrators include Fluence (19%), Nidec (18%) and BYD (17%). Wood Mackenzie ’s BESS Integrator market share rankings are based on the number of BESS shipments in MWh in 2022.

Which energy storage integrator is the best?

Fluence has a track record of being the integrator of choice for ground-breaking energy storage projects. Last month, it was revealed that the US-headquartered integrator had been selected by Tilt Renewables to deliver the 100 MW / 200 MWh Latrobe Valley battery energy storage system (BESS) located south of Morwell in Victoria.

What is the relationship between system integrator market and energy storage industry?

Because of the strong correlation between the system integrator market and the wider energy storage industry, this research touches on broader energy storage topics, such as policy effects, market growth and supply chain.

How competitive is the Bess integrator market in 2022?

According to Wood Mackenzie, the BESS integrator market had grown increasingly competitive in 2022, with the top five global system integrators accounting for 62% of overall BESS shipments (MWh).

Why is energy storage important in Europe?

In Europe, there is a growing consensus amongst policymakers that energy storage is crucial to securing affordable and low carbon energy. In May 2022, European Union launched their REPowerEU plan, a part of the European Green Deal, which mandates that 45% of Europe’s energy generation needs to come from renewable sources by 2030.

Is the Bess integrator industry becoming more competitive?

Kevin Shang, senior research analyst at Wood Mackenzie, said: “As major policy developments propel the battery energy storage systems market, the BESS integrator industry is becoming increasingly competitive.