McKinsey analysis cited by Brenmiller flags EUR 16 billion European thermal energy storage market opportunity

Reuters03-20
McKinsey analysis cited by Brenmiller flags EUR 16 billion European thermal energy storage market opportunity
  • Brenmiller highlighted a McKinsey analysis on industrial heat electrification in Europe, citing a potential cumulative capital investment opportunity of about EUR 16 billion for thermal energy storage.
  • The analysis said internal rates of return above 15% for eight-hour thermal energy storage systems could be achievable in most assessed European countries by 2030.
  • It estimated European thermal energy storage capacity could increase from less than 0.5 gigawatt-hours to more than 200 gigawatt-hours by 2035.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brenmiller Energy Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202603200800NEWSFILECNPR____20260320_289285_1) on March 20, 2026, and is solely responsible for the information contained therein.

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