NEW YORK, Jan. 22, 2015 /PRNewswire/ -- Government funding, subsidies, and regulatory reforms in energy storage and related areas continue to encourage market growth. Lithium ion (Li-ion) technology has emerged as the global leader in energy storage technology. However, flywheels and flow batteries are also making significant headway. North America continues to move the market forward with commercial and demonstration grid-scale energy storage projects. Western Europe – Germany, Italy, and the United Kingdom in particular – is also leading the market with utility-scale advanced battery and power-to-gas installations and announcements.
Key vendors in the industry continue to specialize as systems integrators in the supply chain. In some cases, integrators are entering the sector from other industries. This is a critical time for the advanced energy storage industry; in order for the industry to continue to scale, more systems integrators are needed. According to Navigant Research's estimates, 362.8 MW of energy storage projects have been announced globally in the 2013-2014 period with an almost equal distribution between North America (103.3 MW), Asia Pacific (100.5 MW), and Western Europe (91.1 MW).
This Navigant Research report provides a comprehensive resource of energy storage projects worldwide. The Tracker includes a database of 697 projects (encompassing 1,160 systems) and tracks the country, region, market segment, capacity, status, technology vendor, systems integrator, applications, funding, investment, and key milestones of each project. In addition, the report includes analysis of the technology choice within each major region for energy storage, analysis of 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:
Which energy storage systems integrators have the largest market share?
Which energy storage technology vendors have the largest market share for deployed projects and for pipeline projects?
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?
What is the technology choice within each region and which global regions are more innovative?
How many new energy storage projects have come online in the last 12 months?
Who needs this report?
Energy engineering, procurement, and construction (EPC) firms
Energy storage technology vendors
Smart grid controls and software companies
Solar finance companies
Read the full report: http://www.reportlinker.com/p02404261-summary/view-report.html
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