DUBLIN--(BUSINESS WIRE)--The "The Global Utility Scale Electricity Storage Market Report 2018" report has been added to ResearchAndMarkets.com's offering.
The world is generating and using more renewable electricity than ever before, but in many cases it is being generated by intermittent - weather dependent - sources like solar and wind. While these are imperative to a decarbonized future, they can't generate power all the time, and this can cause gaps in electricity supply.
One possible solution is storage. However, the problem is the technology capable of storing electricity is still at its infancy in many cases. This report looks at the three technologies that have reached utility-scale use, this includes, pumped hydro storage (PHS), compressed air energy storage (CAES) and grid-scale batteries.
While pumped-hydro systems still dominate electricity storage, battery systems for stationary applications have started growing rapidly. Wider deployment and the commercialization of new battery storage technologies has also led to rapid cost reductions. CAES applications remains limited to just a few installations mainly due to sitting difficulties, but technological advancements in this segments could see it becoming more widespread.
Why you should buy The Global Utility-Scale Energy Storage Market 2018:
- 334 pages of comprehensive analysis
- 79 tables, charts, and graphs quantifying the market in detail
- Global Utility-Scale Energy Storage market forecasts between 2018 and 2028
- A Drivers & Restraints analysis examining the Utility-Scale Energy Storage market
- 81 key companies identified and profiled operating within the Utility-Scale Energy Storage Market.
For more information about this report visit https://www.researchandmarkets.com/research/f4nh3r/global_utility?w=4