The report from which this summary was drawn, costs $3,295 for five licenses. It is authored by ASDReports.
Energy storage is a vital component of the Smart Grids currently being built around the world. These grids are to improve the reliability of electricity transmission and distribution, facilitate the integration of renewable energy generators, and allow long-distance trading of electricity supplies.
All these functions require the grid to offer buffers where electricity can be stored locally. For the most part, however, technologies up to the task have not been available. To the extent that grids have incorporated storage it has either been through the use of conventional batteries originally targeted towards the automotive industry and which are not optimal for grid storage or through major engineering projects such as compressed air storage which are impossible to replicate generally.
As a result of all this, report authors believe there are opportunities for manufacturers of batteries and supercapacitors that target emerging applications in the Smart Grid. In 2009, NanoMarkets was one of the first industry analyst firms to identify and quantify the opportunities in a groundbreaking technology. With almost four years of product development and grid deployment behind us, NanoMarkets is releasing a report which shows where money will be made in grid batteries and supercaps over the next eight years. While we believe this report will become required reading for battery and supercapacitor firms, the report also spells out the potential for materials companies and specialty chemical firms who NanoMarkets believes will find considerable new business potential supplying advanced materials – especially nanomaterials – for newer forms of grid storage.
In addition, NanoMarkets believes this report will be of considerable use to utilities and other firms directly involved in the Smart Grid business, because it will show them how the next-generation of batteries and supercaps for Smart Grids will enable Smart Grid deployment. The report reviews the latest applications for grid storage and shows where money can be made in the near-to-medium term future by supplying the batteries and supercapacitors that will meet the coming storage requirements of the grid. The report provides eight-year forecasts of chemical batteries and supercapacitors in volume shipments and market value, with breakouts by technology type, application, and regions supplied. In addition, this report provides detailed assessments of the strategies being utilized by leading firms active in this space.
Filed Under: Energy storage, News