Solar Panels Commercial BESS

Is Bess a key driver of solar PV deployment & utilisation?

CEF considers BESS a key driver of increasing solar PV deployment and utilisation in the coming years — see Section 1.4. In 2024, the BESS market saw unprecedented growth.

Does Bess CO-deployment increase energy exports?

Even under a scenario where the grid is congested and capacity is halved, energy exports were 20% greater with BESS.92 Similarly, Thunder Said Energy found that BESS co-deployment can allow a solar PV installation to dispatch approximately 95% of its power through a 65% smaller grid connection.93

How did China's solar PV & Bess installations perform in 2024?

China’s solar PV and BESS installations shattered all forecasts in 2024. In 2024, China accounted for half of all new solar PV installations and 70% of global BESS deployments. Ongoing policy support, infrastructure investment, and cost reductions propelled installations to record levels.

Can solar PV and Bess reduce geopolitical risk?

The EU has recognised that developing domestic solar PV and BESS manufacturing to mitigate geopolitical risk requires moving beyond protectionist measures, which may offer short-term insulation but risk driving up costs, slowing deployment, and increasing consumer electricity prices.