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Energy Storage Technologies Set to Total $1.66Bn in 2012 Says New Visiongain Report - Electricity grids are becoming increasingly unstable due to strong electricity demand growth and increasing penetration of intermittent energy generation sources - Visiongain.com
Energy Storage Technologies Set to Total $1.66Bn in 2012 Says New Visiongain Report

 

NewswireToday - /newswire/ - London, United Kingdom, 2012/05/28 - Electricity grids are becoming increasingly unstable due to strong electricity demand growth and increasing penetration of intermittent energy generation sources - Visiongain.com.

   
 
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In order to manage this, large amounts of inefficient spinning reserves are required to quickly be added to or removed from power supply according to demand patterns. Every grid network must be able to supply peak power, which is only required for a small part of the day, meaning grid networks are somewhat wasteful. Even in more developed economies loss of energy from generation to consumer can easily reach 7%, causing unnecessary extra carbon dioxide emissions and a greater use of costly fossil fuels.

Energy storage technologies can thus provide a number of solutions in both more efficiently controlling the flow of electricity through a grid network and improving the consistency of intermittent generation feed-in. By storing energy when demand is low and releasing it when demand is high, transmission will be smoother and generation capacity can be optimised. However, there are a large number of different applications which energy storage technologies can perform, and a large number of different technologies competing to manage these tasks. The Energy Storage Technologies (EST) Market 2012-2022 looks at the prospects of each of these technologies discussing the advantages and disadvantages of each with detailed forecast for each technology. Visiongain has calculated the global market for energy storage technologies in 2012 will reach $1.66bn.

Visiongain provides global energy storage market forecasts for the period 2012-2022, which is broken down into 7 energy storage technology submarkets. In addition, 11 national energy storage technologies markets are forecast and analysed over the period 2012-2022, along with countries in the rest of the world. All global national and submarket forecasts are also accompanied by corresponding capacity forecasts for the 2012-2022 period. The report contains 173 tables, charts and graphs that add visual analysis in order to explain developing trends within the energy storage technologies market. Interviews with 3 company experts in the energy storage technology industry are included adding key insight to visiongain’s analysis, as well as profiles of 62 of the leading companies working in the energy storage technologies market.

Learn how the energy storage technologies market will develop over the next ten years, and which technologies will prosper by ordering The Energy Storage Technologies (EST) Market 2012-2022 today.

For sample pages and further information concerning the visiongain report The Energy Storage Technologies (EST) Market 2012-2022, please visit the website.

About visiongain

Visiongain (visiongain.com) is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Aviation and Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.

 
 
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Written by / Agency / Source: Visiongain

 
 

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Energy Storage Technologies Set to Total $1.66Bn in 2012 Says New Visiongain Report

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Publisher Contact: Sara Peerun - Visiongain.com 
+44(0)20 7336 6100 sara.peerun[.]visiongainglobal.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Visiongain securities in any jurisdiction including any other companies listed or named in this release.

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