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Electrical Energy Storage: Application Analysis and Market Forecast
EscoVale Consultancy Services, April 2010, Pages: 230
Electrical energy storage has remarkable diversity. Over 300GW is already installed, just in stationary applications. Some require short bursts of power for milliseconds or minutes; others call for substantial amounts of energy, delivered over a period of hours or even days.
Much larger opportunities await the development of novel storage technologies, to meet requirements associated with:
- support of renewable and distributed energy resources
- effective production, delivery and management of power
- the provision of secure, high-quality power at end-user sites
- enabling technologies within the transportation sector.
These opportunities are now capturing the imaginations of a wide range of developers, potential users and investors. Dozens of largely unproven technologies are vying for a stake in a market with tantalizing prospects but many uncertainties. Decisionmakers are hampered by a lack of reliable, unbiased information. EscoVale has an unrivalled 30-year track record in meeting this need for many hundreds of clients in six continents.
This leaflet describes the core report within a large management study examining high-energy storage solutions (typically capable of delivering nominal rated power for an hour or more). Worldwide coverage of stationary and motive power applications starts at single-digit kW ratings and extends to GW-scale projects.
The core report investigates the role of energy storage in a wide range of applications, with detailed market forecasts. It is available separately (as described here) or as a key component of the wider management study. Clients for this report can add other elements later, if they wish to do so.
Report contains:
- An introduction to the long-duration energy storage sector and its established and emerging technologies.
- Reviews of areas that will help define the storage market, with original data on the future size and structure of the electricity supply and vehicle industries.
- Chapters examining storage in the electricity supply industry (with a separate chapter for renewables), at end-user sites, and in motive power – each with detailed market forecasts.
- An analysis and forecast of the total storage market, with estimates in terms of power, energy, value and units.
OBJECTIVES
The main objectives of this study are: to examine the role of long-duration storage across the application spectrum; to give a thorough understanding of the technical and commercial issues; and to produce realistic forecasts of market development. This is intended to provide a solid framework within which potential users, investors and suppliers can make informed decisions.
Report provides the foundation for much of the other work within the wider management study.
The overall work program includes additional reports and consultancy entitlements for individual clients.
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