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For more information kindly visit : Bharat Book Bureau provides the report, on “ Global Market Report on Grid-Scale Electricity Storage Technologies ”. The purpose of this report is to provide a regional assessment of the GSBS market potential, as well as existing and projected future market sizes. The scope of this investigation includes the major viable GSBS technologies that are currently being implemented in the power generation industry. – PowerPoint PPT presentation

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Title: Global Market Report on Grid-Scale Electricity Storage Technologies


1
Global Report Grid-Scale Electricity Storage
Technologies
2
Summary
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. 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.
3
STUDY GOALS AND OBJECTIVES This 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
specifically, the study included the following
objectives (1) summarize existing GSBS
technologies and promising emerging battery
technologies and applications that are under
development (2) evaluate the existing GSBS
technology industry, focusing on the
manufacturers and providers of major components
for viable storage technologies and (3) assess
market potential for GSBS technologies over a
five-year period from 2015 through 2020.
4

REASONS FOR COMPLETING THIS STUDY With the
exception of the recent period immediately
following the global economic turndown, global
demand for electricity is expected to continue to
increase through at least the next two decades.
However, much of the worlds electricity
generation industry is in the midst of a turning
point. In support of carbon dioxide (CO2)
emissions reduction regulations and industry
trends, the electricity generation sector is in
the process of transitioning generally away from
coal- and oil-fired electricity production, and
toward the installation of increasing proportions
of renewables. However, many renewable energy
resources are intermittent in nature Solar cells
only generate electricity when the sun is
shining, and wind turbines only generate power
when sufficient wind is blowing. To meet consumer
electricity demand, which is often not aligned
with available renewable power production
capacity, very large-scale energy storage
technologies are needed.
5

The purpose of this report is to provide a
regional assessment of the GSBS market potential,
as well as existing and projected future market
sizes. This is an important scope because GSBS
markets vary substantially based on regional
characteristics and on the technology in
question. Grid-scale battery technologies have
been in existence for many decades but are only
now coming into prominence as a major energy
storage technology due to the increasing
renewable energy generation sources. GSBS is
considered in this report, as battery
technologies are coming of age and are capable of
storing sufficient energy to be relevant at the
utility scalewith hundreds of megawatts (MWs) of
generation capacity. Grid-scale battery
technologies come in many different
electrochemical formulae combinations. Within
this context, this report identifies the basis
and installation/market potential for GSBS demand
in each global region, within the 2015 to 2025
timeframe.
6

INTENDED AUDIENCE This study reviews GSBS
technologies, along with relevant market and
production information, technological
descriptions and issues, applications, and market
factors and potential, and gives an overview of
supporting incentives and regulations in major
worldwide markets. This study will be of interest
to current and potential manufacturers and
suppliers of GSBS technologies and components, as
well as venture capitalists, entrepreneurs and
entrepreneurial companies interested in entering
or expanding into the GSBS technology sector. It
will also be of interest to corporate planners
and strategists, companies involved in the
production of batteries, supervisory control and
data acquisition (SCADA) control software, and
other infrastructure and software required for
the implementation of GSBS technologies, as well
as other energy efficiency advocacy groups and
other public- and private-sector interest groups
and market analysts.
7

SCOPE OF REPORT AND METHODOLOGY The scope of
this investigation includes the major viable GSBS
technologies that are currently being implemented
in the power generation industry. These
technologies are implemented to temporarily store
electricity during periods of available
generation capacity, for subsequent use during
periods of increased demand in support of load
leveling, grid balancing, and renewable energy
integration and intermittent generation
balancing. The grid-scale battery storage
technologies discussed in this report are
increasingly deployed in support of intermittent
renewable energy sources, such as solar and wind
energy, which frequently generate power outside
of peak demand periods. In these cases, GSBS
technologies can facilitate delivery of renewable
power to end users during periods of high and
peak use, in support of utility-level regulations
and greenhouse gas (GHG) emissions reduction
strategies, which are increasingly common in the
global electricity market.
8

The market analysis provided in this report is
based on a variety of data sources. These include
the most recent government, industry and academic
data regarding the projected level of demand for
utility-scale electricity storage technologies
that could potentially translate into grid-scale
battery storage (GSBS) projects. These data were
supplemented with an evaluation of major utility
electricity storage (UES) and renewable (solar
and wind) projects that have been announced or
that are currently being proposed. Therefore,
this report provides a comprehensive review of
available data to provide a realistic, robust and
accurate assessment of this quickly changing
market. BCC Research analyzes each major viable
grid-scale battery storage technologies,
determines their current market status, examines
their impact on future markets and presents
forecasts of growth over the next ten years.
Technological issues, including the latest
trends, are assessed and discussed, as are the
current and likely regulatory environments in
support of this industry.
9

METHODOLOGY Both primary and secondary research
methodologies were used in preparing this study.
Background information, including reviews of each
GSBS technology and its implementation status,
were collected from government and industry
sources. Specific citations and references are
provided as needed to support this study, and
website links to government and industry studies,
white papers, and other relevant information are
provided as relevant and available. The report
present and historic market trends was conducted
primarily via phone interviews and Internet
research, relying on personal interviews and
available governmental data. Provided internal
company data and annual documentation of sales
relevant to each GSBS technology were also
reviewed in order to prepare market assessments.
Based on the results of our surveys and research,
BCC Research analyzed the potential applications
for each technology, and forecast remaining 2015
sales and sales through 2020.
10

INFORMATION SOURCES Both primary and secondary
research methods were used in preparing this
report. BCC Research surveyed more than 64
companies and industry insiders to obtain the
data for this study. Included were manufacturers
of GSBS technologies, distributors of GSBS
technologies, engineering firms involved in the
GSBS industry, emerging technology developers,
and current and former GSBS project developers,
worldwide. Additionally, BCC Research compiled
data from current financial and trade
information, industry associations, and
government sources.
11
Table of Contents
1 INTRODUCTION 2 SUMMARY 3 OVERVIEW 4
APPLICATIONS FOR ADVANCED BATTERIES IN MICROGRID
ENVIRONMENT 5 REGULATORY SUPPORT AND INCENTIVES
FOR GRID-SCALE BATTERY STORAGE TECHNOLOGIES 6
INDUSTRY STRUCTURE
12
To view the full Executive Summary and Table
of Contents, please visit Global Report
Grid-Scale Electricity Storage Technologies
Contact Us- Phone 91-22-27810772/73 Email
id info_at_bharatbook.com Website
www.bharatbook.com Our Blog https//www.bharatbo
ok.com/blog/
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