Grid-Scale Battery Storage Technologies Market Report 2016-2026

Jun 24, 2016, 09:00 ET from Visiongain Ltd

LONDON, June 24, 2016 /PRNewswire/ --

Capex Forecasts For Lithium-ion (Li-Poly, LFP, LTO), Flow (VRFB, Li-Air, Zn-Air, Zn-Br, PSB), Sodium-Based (Na-S, Na-NiCl), Advanced Lead Acid and Other Batteries (Li-Air, Mg-Ion, Ni-Zn, Ni-Fe, Ni-Cd) Energy Storage Technologies (EST) For Electricity Transmission & Distribution (T&D) Grids To Optimise Off-Grid Storage of Renewable Wind, Concentrated Solar Power (CSP) / & Photo-Voltaic (PV) Energy

Visiongain's comprehensive new 234 page report reveals that CAPEX invested in grid-scale battery storage technologies will reach $1,107m in 2016, with rapid growth anticipated over the next ten years.

The grid-scale battery storage market is largely an emerging one, especially when compared with other energy storage systems such as the well-established pumped hydro storage (PHS). Grid-scale batteries are arriving at commercial viability, having been the subject of numerous demonstration projects. They posses numerous advantages over competing technologies, such as the precision and quality of the service they can provide to grid operators and the lack of geographical constraints experienced by technologies such as compressed air energy storage (CAES) and PHS.

The regulatory frameworks and market environments around the world are moving towards the direction of more grid-scale battery storage being deployed on the grid to perform ancillary services. Pressed by high and rising amounts of renewable energy capacity brought online each year, an increasing number of governments around the world are considering adopting new regulatory requirements favouring the commissioning of grid-scale storage systems, such as capacity payment mechanisms rewarding the best-performing back-up technologies for frequency regulation, or mandatory targets for the installation of new storage capacity. In addition to this, production costs are consistently declining due to technological improvements, gained experience and mass production.

Just as decisively, a larger wealth of performance data is becoming available each year as pilot projects are completed all around the world, providing producers, operators and prospective clients with key information on the reliability and safety of each battery technology once applied outside the laboratory. Visiongain expects the grid-scale battery storage market to grow considerably over the next ten years for grid ancillary services, peak electricity demand shaving, energy efficiency and renewable energy integration.

The Grid-Scale Battery Storage Technologies Market Report 2016-2026 report responds to your need for definitive market data: 

• How will the grid-scale battery market evolve?
- The report includes transcripts of extended interviews with eight companies involved in the grid-scale battery market, who provide expert insight alongside visiongain's analysis:
- ABB Energy Storage
- AES Energy Storage
- American Vanadium
- EoS Energy Storage
- Imergy
- S&C Electric
- ViZn Energy
- Younicos

• When will the grid-scale battery market develop?
- See 111 tables, charts and graphs revealing the projected market development from 2016-2026

Which grid-scale battery application submarkets will flourish from 2016-2026?
- Forecasts for spending on grid-scale battery storage technologies worldwide, year-on-year, from 2016 to 2026, with individual breakdowns for each of the main battery technologies:
- Lithium Ion Battery Market Forecast 2016-2026
- Sodium-Based Battery Storage Market Forecast 2016-2026
- Flow Battery Storage Market Forecast 2016-2026
- Advanced Lead Acid Battery Storage Market Forecast 2016-2026
- Other Battery Storage Technologies Market Forecast 2016-2026

The report includes analysis of each battery technology, with tables and figures provided to visualise the comparative total CAPEX on the five submarkets, plus their anticipated evolving market shares.

• Where are the regional grid-scale battery market opportunities from 2016 to 2026?
Ten-year CAPEX forecasts and analysis for the seven leading countries in the grid-scale battery storage market are included:
- The US Grid-Scale Battery Storage Market Forecast 2016-2026
- The Japanese Grid-Scale Battery Storage Market Forecast 2016-2026
- The Chinese Grid-Scale Battery Storage Market Forecast 2016-2026
- The Italian Grid-Scale Battery Storage Market Forecast 2016-2026
- The German Grid-Scale Battery Storage Market Forecast 2016-2026
- The South Korean Grid-Scale Battery Storage Market Forecast 2016-2026
- The UK Grid-Scale Battery Storage Market Forecast 2016-2026
- Rest of the World (RoW) Grid-Scale Battery Storage Market Forecast 2016-2026

• Where are the major grid-scale battery projects and programmes?
Descriptions of the major companies, agencies and research centres driving innovation in grid-scale battery technology are provided.

• What are the factors influencing grid-scale battery market dynamics?
- Research and development (R&D) strategy
- Technological issues and constraints
- Supply and demand dynamics
- Competition from new emerging product types
- New market entrants from both established manufacturers and start-ups
- Advances in product quality
- Analysis of barriers to entry

• Who are the leading grid-scale battery companies?
Examine competitive positioning, capabilities, product portfolios, R&D activity, services, focus, strategies, M&A activity, and future outlook:
- NGK Insulators Ltd
- BYD Co. Ltd
- Sumitomo Electric Industries Ltd.
- Samsung SDI Co. Ltd
- GE Energy Storage
- Tesla Motors Inc.

Who should read this report?
- Anyone within the grid scale battery storage value chain, including:
- Grid security vendors
- Battery manufacturers
- Transmission & distribution (T&D) companies
- Electricity and telecommunication cable manufactures
- Utility companies
- Heads of strategic development
- CEOs
- COOs
- CIOs
- Business development managers
- Marketing managers
- Suppliers
- Technologists
- Investors
- Banks
- Government agencies
- Contractors

Buy our report Grid-Scale Battery Storage Technologies Market Report 2016-2026: Capex Forecasts For Lithium-ion (Li-Poly, LFP, LTO), Flow (VRFB, Li-Air, Zn-Air, Zn-Br, PSB) , Sodium-Based (Na-S, Na-NiCl), Advanced Lead Acid and Other Batteries (Li-Air, Mg-Ion, Ni-Zn, Ni-Fe, Ni-Cd) Energy Storage Technologies (EST) For Electricity Transmission & Distribution (T&D) Grids To Optimise Off-Grid Storage of Renewable Wind, Concentrated Solar Power (CSP) / & Photo-Voltaic (PV) Energy. Avoid missing out - order our report now.

Companies Mentioned in This Report 

A123 Energy Solutions

A123 Systems

ABB Energy Storage

AES Energy Storage

Altair Nanotechnologies (Altairnano)

American Electric Power (AEP)

American Vanadium

Aquion Energy

Asahi Kasei

Axion Power International

Bloomberg New Energy Finance (BNEF)

BrightSource Energy

BYD

China Southern Power Grid (CSG)

Daewoo

Deeya Energy

Dow Kokam

Duke Energy

East Penn Manufacturing

Ecoult

EDF Energy

Electrovaya

Emerson Network Power Australia

Endesa

Enel

EnerSys

EnerVault

Eos Energy Storage

FIAMM

First Wind

Flextronics

Furukawa Battery

GE Energy Storage

General Electric (GE)

Gildemeister Energy Solutions

Google Inc.

GS Yuasa

Hokkaido Electric

Hudson Clean Energy Partners

Imergy

Korea Electric Power Corporation (KEPCO)

Kuick Research

KT

LG

LG Chem

Mitsubishi Heavy Industries (MHI)

Mitsubishi Materials

National Grid

NGK Insulators

Nichicon

Nissan

NRG Energy

Oncor

Panasonic

Power Grid Corporation of India

Primus Power

Prudent Energy Technology

Ray Power

Raytheon

RedFlow

Regenesys

RES America

S&C Electric

Saft

Saint-Gobain

Samsung Corporation

Samsung SDI

Sanyo Electric

Siemens

SK Telecom

SolarCity

Sony

South Plains Electric Cooperative (SPEC)

Southern California Edison

State Grid Corporation of China (SGCC)

Sumitomo Electric

Sun Edison

SustainX

Terna

Terna Plus

Tesla Motors

Tesla Energy

The Brattle Group

Tohoku Electric

Tokyo Electric Power Company (TEPCO)

Toshiba

Toyota

ViZn Energy

Wanxiang Group

Wemag

Xcel Energy

Xtreme Power

Yokohama Dockyard & Machinery Works

Younicos

ZBB Energy

 

To request an exec summary of this report please email Sara Peerun at sara.peerun@visiongainglobal.com or call Tel: +44 (0) 20 7336 6100

Or click on https://www.visiongain.com/Report/1665/Grid-Scale-Battery-Storage-Technologies-Market-Report-2016-2026

SOURCE Visiongain Ltd