Energy Storage Tracker 1Q15: Global Energy Storage Installations: Market Share Data, Industry Trends, Market Analysis, and Project Tracking by World Region, Technology, Application, and Market Segment
Jun 23, 2015, 05:33 ET
NEW YORK, June 23, 2015 /PRNewswire/ -- 2014 was a major year for the global energy storage industry, with some of the largest single contracts in history awarded to leading storage companies. Driven primarily by regulatory mandates in the United States, Europe, and Asia Pacific, the industry as a whole took significant steps forward. Battery and other system component costs have been falling rapidly, allowing energy storage to become an economical alternative to traditional power generation for certain applications. Distributed and behind-the-meter energy storage systems have been making a significant impact on the global market over the past year due to their flexibility and innovative financing models.
Lithium ion (Li-ion)-based energy storage systems continue to gain popularity with increasing deployments around the world. Large-scale manufacturing facilities and a healthy competitive environment are driving down the cost of Li-ion cells for stationary energy storage applications. Navigant Research estimates 696.7 MW of energy storage projects have been announced in the 2014–2015 period (excluding pumped storage). North America represents the majority of new project announcements with 436.4 MW; California accounts for nearly half of this announced capacity. Asia Pacific and Western Europe are the next leading regions, with 165.1 MW and 95.2 MW of new projects announced, respectively.
This Navigant Research report provides a comprehensive resource of energy storage projects worldwide. The Tracker includes a database of 804 projects (encompassing 12,122 individual systems down to the residential level) and tracks the country, region, market segment, capacity, status, technology vendor, systems integrator, applications, funding, investment, and key milestones of each project. It also includes an analysis of the technology choice within each major region for energy storage, analysis of the leading regions for energy storage capacity and projects, and market share analysis for technology vendors for deployed projects and projects in the pipeline.
Key Questions Addressed:
How many energy storage projects are currently underway worldwide?
Which regions are leading in terms of deployed market capacity and number of projects in the energy storage sector?
How many new energy storage projects have come online in the last 12 months?
Which energy storage technology vendors have the largest market share for deployed projects and for pipeline projects?
Which energy storage systems integrators have the largest market share?
What is the technology choice within each region and which global regions are more innovative?
Who needs this report?
Energy storage technology vendors
Smart grid controls and software companies
Energy engineering, procurement, and construction (EPC) firms
Solar finance companies
Read the full report: http://www.reportlinker.com/p02720717-summary/view-report.html
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