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The Electrical Storage market is a subset of the Energy Storage market, which encompasses the technologies and services used to store energy for later use. Electrical Storage technologies include batteries, flywheels, and supercapacitors, which are used to store energy from renewable sources such as solar and wind, as well as from the grid. These technologies are used to provide backup power, reduce peak demand, and enable the integration of renewable energy sources into the grid.
The Electrical Storage market is growing rapidly, driven by the increasing demand for reliable, clean energy sources. Governments and utilities are investing in Electrical Storage technologies to improve grid reliability and reduce emissions.
Notable companies in the Electrical Storage market include Tesla, LG Chem, BYD, Panasonic, and Samsung SDI. Show Less Read more
