Western Balkans Battery Energy Storage System (BESS) Market Outlook 2025 ÷ 2034 - Single User

This is a uniquely thorough and detailed market report, which offers an incisive and reliable overview of the battery energy storage system (BESS) market of Western Balkan countries for the next long-term period of 2025 ÷ 2034. Since 2021, a fast-growing number of solar photovoltaic and other renewable energy source (RES) power plants have joined the electricity network of Western Balkan countries, and their capacity utilisation varies depending on weather conditions. Therefore, the need for energy storage capacity to balance the injection of the generated energy into the DSOs and TSOs grid has become pressing. BESS projects are critical to the energy mix as they provide security and stability to the European future electricity grid. At the same time, more renewables are a substitute for traditional power plants.

According to the study conducted between September and November 2024 by the Renewable Market Watch™ of 178 key decision-makers of European investment companies active in the renewable energy sector, more renewable energy developers intend to co-locate their projects with BESS. Some 61 per cent (up from 52 per cent in 2023) of the interviewed managers plan to prioritise integrating BESS in their renewable energy projects planned for realisation between 2025 and 2028.

The number of fully permitted and ready-to-build projects is promptly increasing. Co-location with renewables will be a growing application for utility-scale BESS storage. By the end of 2024, more than five Western Balkan countries countries had auctions for co-located projects, and more countries are planning to join this support mechanism in the near future.

Battery long-term performance and storage duration capacity have been improving. Currently, 2-hour duration BESS projects are the most frequent installations, and 4-hour duration will be the most preferred option in Western Balkan countries between 2027 and 2030.

The capacity of newly installed battery energy storage systems (BESS) in Western Balkan countries will exceed 5.2 GWh by 2028. In many countries, the BESS market is underdeveloped and forecasted to score significant growth shortly. The report is focused on electrochemical battery storage technologies (lithium, flow and non-lithium batteries) and provides a complete picture of the market situation, dynamics, risks, current issues and prospects. You will find more than 230 pages of valuable information in this unique, in-depth analysis of the Western Balkan countries battery energy storage system (BESS) market and will receive an overview of how the military conflict in Ukraine and the European Union's efforts to achieve a significant reduction of Russian gas and other energy commodities import will impact it.

With comprehensive market data, this report brings clear and concise insights to help investors, manufacturers and service providers in their decision-making process. As 2023 and 2024 were challenging years for the battery energy storage system (BESS) industry, the time for making the right decisions during 2025 and the next few years is limited. A fast-changing market environment requires relevant and accurate information. For your convenience, we offer the opportunity for orders with customized report content. Reasons to buy this market report are, but are not limited to:

• Battery energy storage sytem (BESS) potential in Western Balkans
• Over 100 charts, maps and tables
• Profiles of 22 countries
• 1-hour complimentary (free) online/phone call consultation with a research analyst of Renewable Market Watch™
• Market shares of manufacturers of battery energy storage systems (BESS)
• Historical market data provided from 2014 to 2024 and forecasts until 2034
• Overview of Western Balkans battery energy storage system (BESS) market development 2014 ÷ 2034 by countries
• Development scenario of Western Balkan countries' battery energy storage system (BESS) sector until 2034
• Prosumer and Net Metering models, incentives and regulatory framework
• Database with 200+ major active and upcoming battery energy storage system (BESS) plants in Western Balkans
• Attractiveness indices and comparative analysis for  battery energy storage system (BESS) investments in Western Balkans
• SWOT Analysis (detailed in 5 pages)
• Overview of Western Balkans legal and regulatory framework for Renewable Energy Sources (RES) and battery energy storage systems (BESS) generation by countries
• Project developers, EPC providers and Consultants in Western Balkans
• Key organizations and stakeholders affecting the development of the  battery energy storage system (BESS) sector by countries
• A comprehensive review of smart grid development in Western Balkan countries
• Investment potential and opportunities

On the next pages, you will see the full table of contents of this report. To order this report, click "ADD TO CART". The table of contents is referential and may vary upon report updates. If you have any other questions or data requests, please do not hesitate to call us on ++44 203 807 00 79 or write an e-mail to orders@renewablemarketwatch.com

1. METHODOLOGY 8
1.1. Methodology 8
1.2. Forecast Software and Methodology 10
1.2.1. Purpose 10
1.2.2. Description 10
1.2.3. Input data 11
1.2.4. Output data 11
1.3. Limitations 12
2. EXECUTIVE SUMMARY 13
2.1. Battery Energy Storage System Demand and Supply in Western Balkan Countries 13
2.2. Renewable Energy Sources (RES) Policies and Targets in Western Balkan Countries 13
2.3. Risks Associated with Battery Energy Storage System (BESS) Projects 13
2.4. Future Market Trends 14
3. EUROPEAN UNION RENEWABLE ENERGY POLICY LANDSCAPE 15
4. EUROPE ENERGY MARKET 32
4.1. General Electricity Market Information 32
4.2. Battery Energy Storage System in the Energy Sector 40
4.3. Single Electricity Market in European Union (EU) 43
5. WESTERN BALKAN COUNTRIES RENEWABLE ENERGY RESOURCE POTENTIAL AND MAPPING 46
6. MARKET SEGMENTATION 48
6.1. Technology 48
6.1.1. Battery Energy Storage 49
6.1.2. Pumped-Storage Hydroelectricity (PSH) 51
6.1.3. Thermal Energy Storage (TES) 52
6.1.4. Flywheel Energy Storage (FES) 53
6.1.5. Other Storage 54
6.2. End User 55
6.2.1. Residential (Behind-the-Meter – BtM) 55
6.2.2. Commercial and Industrial (C&I) (Behind-the-Meter – BtM) 56
6.2.3. Utility-Scale (Front-of-Meter – FtM) 57
6.3. Geography with Profiles of All 44 Countries in Europe Available (see Chapter 8) 60
7. WESTERN BALKAN COUNTRIES BATTERY ENERGY STORAGE SYSTEM (BESS) MARKET 61
7.1. Support Schemes for Renewable Energy Sources (RES) Generation Battery Energy Storage System in Western Balkan Countries 61
7.2. Market Overview 62
7.3. Market Dynamics 69
7.3.1. Market Drivers 69
7.3.2. Market Constraints 70
7.4. Supply Chain Analysis 71
7.5. Porter Five Forces Analysis 72
7.5.1. Threat of New Entrants 72
7.5.2. Threat of Substitutes 73
7.5.3. Bargaining Power of Suppliers 73
7.5.4. Bargaining Power of Consumers 74
7.5.5. Competitive Rivalry 74
7.6. Future Development Trends 75
8. COUNTRY PROFILES 77
8.1. ALBANIA 78
8.2. BOSNIA AND HERZEGOVINA 79
8.3. BULGARIA 81
8.4. CROATIA 83
8.5. GREECE 86
8.6. KOSOVO 88
8.7. NORTH MACEDONIA 90
8.8. MONTENEGRO 92
8.9. ROMANIA 94
8.10. SERBIA 96
8.11. SLOVENIA 99
8.12. TURKEY 102
9. COMPARATIVE ANALYSIS OF FEED-IN TARIFFS AND SUPPORT SCHEMES FOR BATTERY ENERGY STORAGE (BESS) SYSTEM IN WESTERN BALKAN COUNTRIES 105
10. COMPARATIVE ANALYSIS OF MANDATORY RENEWABLE ENERGY CAPACITY GENERATION TARGETS IN EUROPE 107
11. ELECTRICITY GRID NETWORK IN WESTERN BALKAN COUNTRIES 109
11.1. Transmission System Operators (TSOs) 109
11.2. Distribution System Operators (DSO’s) 114
11.3. Grid Connection Constraints 118
12. SMART GRID DEVELOPMENT IN WESTERN BALKAN COUNTRIES AS A KEY FACTOR FOR BATTERY ENERGY STORAGE SYSTEM (BESS) MARKET GROWTH 120
12.1. Smart Grid and Super Smart Grid Concept 120
12.2. Smart Grid Support Initiatives in European Countries 122
13. COMPETITIVE LANDSCAPE. PROJECT DEVELOPERS AND INVESTORS IN WESTERN BALKAN COUNTRIES FOR BATTERY ENERGY STORAGE SYSTEM (BESS) MARKET 126
14. COMPETITIVE LANDSCAPE. EPC COMPANIES, EQUIPMENT MANUFACTURERS, AND CONSULTANTS IN WESTERN BALKAN COUNTRIES FOR BATTERY ENERGY STORAGE SYSTEM (BESS) MARKET 128
15. SWOT ANALYSIS OF WESTERN BALKAN COUNTRIES FOR BATTERY ENERGY STORAGE SYSTEM (BESS) MARKET 129
16. RISKS ABOUT INVESTMENTS IN WESTERN BALKAN COUNTRIES BATTERY ENERGY STORAGE SYSTEM (BESS) MARKET 134
17. INVESTMENT TRENDS, POTENTIAL AND OPPORTUNITIES IN WESTERN BALKAN COUNTRIES BATTERY ENERGY STORAGE SYSTEM (BESS) MARKET 138
18. CONCLUSIONS 141
19. LIST OF ABBREVIATIONS 143
20. REFERENCES 147
21. DISCLAIMER 148