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The 2018-2023 World Outlook for Grid Energy Storage

by Icon Group International

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This study covers the world outlook for grid energy storage across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved. This study does not report actual sales data (which are simply unavailable, in a comparable or consistent manner in virtually all of the countries of the world). This study gives, however, my estimates for the worldwide latent demand, or the P.I.E., for grid energy storage. It also shows how the P.I.E. is divided across the world's regional and national markets. For each country, I also show my estimates of how the P.I.E. grows over time (positive or negative growth). In order to make these estimates, a multi-stage methodology was employed that is often taught in courses on international strategic planning at graduate schools of business.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The 2018-2023 World Outlook for Grid Energy Storage Icon Group International

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The 2018-2023 World Outlook for Grid Energy Storage

Our model confirms the centrality of lithium-ion batteries to utility-scale energy storage, but with two important caveatsPlease create a profile to print or download this articleMajor forms of energy storage include lithium-ion, lead-acid, and molten-salt batteries, as well as flow cellsThe unique characteristics of individual customers will favor tailored approaches, including the development of algorithms that find and extract the greatest valueThe White House Summit 2016 is a recent example of such initiativesThe study highlights various energy storage technologies that are currently commercially available or are under developmentCredit: Aquion.Subscribe Now RELATED ARTICLES Recently Passed Legislation to Open Up PACE Financing in Illinois Kari Lydersen UK Energy Companies to Advance Storage for Wind Power Integration Renewable Energy World Editors Associations Urge Congress to Oppose $1.7BN DOE Budget Cut Renewable Energy World Editors Hybrid Energy Storage System Power Capacity to Exceed 2 GW in 2026 Editors of Electric Light & Power/ POWERGRID International VIEW ALL PRESS RELEASES Help select this year's HydroVision shirt through damocratic process JuiceBox Energy Storage System Installation at Appalachian State University in North Carolina Canadian Solar Founding Member of the Global Solar Council AMP CEO Marc Gerken to speak during HydroVision International keynote VIEW ALL FINANCIAL NEWS EVENTS Innovations in Cable Management Solutions for Solar Arrays There are new options available when deciding how to install cable for yArticles Image Gallery View All Images CURRENT MAGAZINE ISSUE 09/01/2016 Volume 19, Issue 9 View Issue Past Issues STAY CONNECTED To register for our free e-Newsletters, subscribe today: Go SOCIAL ACTIVITY Tweets from Tweet the Editors! jennrunyon FEATURED PARTNERS NEWSLETTERS Renewable Energy: Subscribe Now Solar Energy:Subscribe Now Wind Energy:Subscribe Now Energy Storage News:Subscribe Now Baseload Renewable Energy:Subscribe Now FEATURED PARTNERS Terms and Conditions Privacy Policy Cookies The potential of microgrid solutions ever more widely demonstrated as technologically feasible also brings opportunities for energy storage developersThe cleantech sector is gaining steamwith less and less regulatory assistanceWe also highlight some policy limitations and how these might be addressed to accelerate market expansionPhilip Hiersemenzel of Younicos agrees

 

In developed countries, for example, central or bulk generation traditionally has been used to satisfy instantaneous demand, with ancillary services helping to smooth out discrepancies between generation and load3The technology is also known as power-to-gas energy storage, and we have presented profiles of some of the upcoming players in this area, covering information about the company, details on their specific energy storage technology and recent developments / future plans with respect to the energy storage industryFor example, we looked at two major lithium-ion-battery providers that were competing to serve a specific industrial application SUBSCRIBE: NewslettersMagazineAdvertiseContact Us The World's #1 Renewable Energy Network for News, Information, and CompaniesSolar Asset Management Europe 2016 Solar Asset Management is Solarplaza’s flagship event widelAlso from this source Jul 06, 2017, 13:51 ET Saudi Arabia Mutual Fund Market Opportunity Outlook 2022 Jul 06, 2017, 13:48 ET Global Cancer Immunotherapy Market & Clinical Trials Outlook 2022 Explore More news releases in similar topics Utilities Publishing & Information Services Surveys, Polls and Research You just read: Grid Scale Energy Storage Technologies Market, 2017 - 2030 News provided by ReportBuyer May 08, 2017, 22:14 ET Share this article Looking to send a news release with PR Newswire? Take advantage of the world's leading distribution platform 5d8a9798ff

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