Top Report - the Insurance Industry in Kazakhstan to 2018

ResearchMoz.us include new market research report " The Insurance Industry in Kazakhstan to 2018: Market Size, Shares, Key Trends, Growth, Analysis, Trends, Forecast and Opportunities" to its huge collection of research reports.

Energy storage has a wide range of applications in electric power system, involving all aspects of power generation, transmission, distribution and end user. The energy storage technologies for grid system include pumped storage, compressed air, flywheel, chemical battery, super capacitor, etc. Except the relatively mature pumped storage, others are still at the early stage of industrialization or under research. However, all governments have been virtually aware of the importance of energy storage industry, hence a desperate need for development of energy storage.

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To create a clean, sustainable future, the Chinese government is shifting its focus in policy to clean energy technology. As of the end of 2013, China's total installed capacity of power generation had reached 1,250GW, which contained 91.4GW of wind power (accounting for 7.3%), the third power source in China following thermal power and hydropower. Meanwhile, China had seen a photovoltaic (PV) power generation installed capacity of 18.1GW (representing 1.5%), overtaking the United States as the world’s largest photovoltaic market.

As the installed power generation capacity grows rapidly, the demand for energy storage in China is increasingly expanding. In 2013, the installed capacity of pumped storage in China totaled 21.5GW, in contrast to 65MW for other technologies; while the demand for energy storage for peak-load regulation of power grid was 95GW and expected to rise to 110GW in 2014, reflecting a great development potential. In addition, an integrated grid of wind power and PV power will generate a considerable demand for energy...