A grid-scale energy storage system stores power when there is excess and releases energy when there is demand such as during power outage. The increased use of intermittent renewable energy sources has resulted in the use of energy storage systems. Electricity storage primarily fills the gap between the ramping down/ ramping up time of wind/ solar powered energy generation systems. The energy storage systems provide operational support to ensure a smooth, uninterrupted flow of electricity supply. They maintain the power quality and reliability with short response time. In addition, they also smoothen the energy output of renewable sources, which are intermittent in nature.
Publisher’s analysts forecast the global grid-scale energy storage market to grow at a CAGR of 34.8% during the period 2016-2020.
Complete Report Available at http://www.reportsweb.com/global-grid-scale-energy-storage-market-2016-2020 .
Covered in this report
The report covers the present scenario and the growth prospects of the global grid-scale energy storage market for 2016-2020. To calculate the market size, Publisher considers the revenue generated from the sales of grid-scale energy storage systems.
The market is divided into the following segments based on geography:
– Americas
– APAC
– EMEA
Publisher’s report, Global Grid Scale Energy Storage Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
– ABB
– Beacon Power
– Hydrostor
– LG Chem Johnson Controls
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Other prominent vendors
– EnerVault
– GE
– Samsung SDI
– S&C Electric
– SustainX
Market driver
– Extensive use of energy storage technologies in utility sector
– For a full, detailed list, view our report
Market challenge
– Use of lead acid batteries as energy storage
– For a full, detailed list, view our report
Market trend
– Growing use of renewable sources
– For a full, detailed list, view our report
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Table of Contents:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by technology
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
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