DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "The Grid Battery Energy Storage Technologies Market Report 2016" report to their offering.
The Grid Energy Battery Storage (GEBS) technologies storage market is beginning to gain momentum as many electro-chemical technologies evolve from a demonstration projects into commercial deployment on a grid scale level. 2015 saw a number of technologies enter into commercial production both for residential and industrial uses.
GEBS technologies provide a number of advantages over other established, emerging and competing technologies such as ease of deployment, flexibility of use, the precision and quality of the service they can provide to grid operators and the lack of geographical constraints experienced by technologies such as CAES and PHS.
Market dynamics such as aging electrical grids, utility financial constraints, development of renewable intermittent energy sources and an evolving regulatory environment will be key drivers of the adoption of GEBS technologies. As production costs of grid scale battery technologies decline we expect to see increased deployment around the world with U.S., Germany China and Japan being early adopter and drivers, further driving down costs of these systems.
Companies Mentioned: Partial List
- A123 Energy Solutions LLC
- ABB Ltd.
- Advanced MicroGrid Solutions, Inc.
- AGM Batteries Ltd
- Amber Kinetics
- American Electric Power (AEP)
- AESC (Automotive Energy Supply Corporation)
- AES Energy Storage LLC
- AES Gener
- AES UK & Ireland
- Alco Battery
- Alevo Group
- AGL Energy
- Ambri Inc
- American Vanadium Corp. Amprius Inc.
- Aquion Energy, Inc.
- Axion Power International, Inc.
- BC Hydro
- BrightSource Energy, Inc.,
- BMZ GmbH
- Bosch Group
- Boston-Power Inc,
- BYD Co. Ltd
- CEZ Group
- Chunlan Group
- Cobasys LLC
- Coda Energy Holdings LLC
- Coachella Energy Storage Partners (CESP)
- ComEd Inc
- Consolidated Edison Inc (ConEd)
- Convergent Energy + Power
- Demand Energy
- Arizona Corporation Commission (ACC)
- Australian Renewable Energy Agency (ARENA)
- Commonwealth Scientific and Industrial Research Organization (CSIRO)
- Electric Power Research Institute (EPRI)
- Energy Storage Association
- Federal Environment Ministry, Germany
- International Renewable Energy Agency (IRENA)
- Japanese Ministry of Economy, Trade and Industry (METI)
- Los Angeles Department of Water and Power (LA DWP)
- Massachusetts Institute of Technology (MIT)
- Masdar Institute of Science and Technology (MIST),
- Ministry of Industry, Energy and Tourism r, Spain
- Politecnico di Milano University
- Public Service Commission of Wisconsin
- U.S. Office of Electricity Delivery and Energy Reliability
- Ulsan National Institute of Science and Technology
- U.S Department of Energy (DOE)
- U.S. Energy Information Administration
- U.S. Federal Energy Regulatory Commission (FERC)
For more information about this report visit http://www.researchandmarkets.com/research/n7hxv8/the_grid_battery