Global Market Report on Grid-Scale Electricity Storage Technologies

Jan 18 2016 Mumbai, India: Bharatbook.com announces a report on “ Global Market Report on Grid-Scale Electricity Storage Technologies ”. The scope of this investigation includes the major viable GSBS technologies that are currently being implemented in the power generation industry.

The global market for grid-scale battery storage technologies reached $637 million in 2014. This market is projected to reach nearly $4.0 billion in 2025 from $716 million in 2015 at a compound annual growth rate of 18.7% for the period 2015-2025. https://www.bharatbook.com/alternative-renewable-market-research-reports-339012/grid-scale-electricity-storage-technologies-global.html

This report provides:

-An overview of the global markets for grid-scale electricity storage technologies.

-Analyses of global market trends, with data from 2014, 2015, estimnates for 2020 and projections of CAGRs through 2025.

-A look at factors influencing growth of the market including a growing

share of power generation coming from intermittent renewable energy sources, rising commodity prices, and escalating energy peak demand and price in many economies.

-Applications for Grid Scale Battery Storage including:

Power Generation Support - Load Levelling & Grid Stabilisation

-Renewable Energy Integration/ accommodation of Renewables

-Transmission & Distribution Support

-Distributed Power Generation and End-User Support

-Coverage of typical components including lead-acid batteries, Lithium-ion batteries, Sodium-based batteries, flow batteries, and others.

-Evaluation of overall benefits and challenges for using grid scale battery storage.

-Profiles of major players in the industry.

STUDY GOALS AND OBJECTIVES

The report goal in conducting this study was to assess and describe the current status and assess the potential growth of the worldwide grid-scale battery storage (GSBS) technology industry and the market for associated storage technologies. More...