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As the energy transition gathers pace in Europe, market evidence and the growth trajectory of alternative/low-carbon hydrogen point to a niche market opportunity where production and offtake will likely be dominated by traditional hydrogen consumption industries, including refining, chemicals, and petrochemicals, as well as heavy industrial sectors...

This Frost & Sullivan insight provides a neat overview of the UK’s balancing services, with an astute focus on battery energy storage technology. This insight comprises analysis of the markets that are relevant to it. To begin with, an optimal balance between supply and demand is critical for any electricity grid to function at peak performance. Fr...

The Western European power plant services market is expected to experience solid growth as the market shifts from steam-fired power plants to gas-fired power plants in order to reduce carbon emissions and to achieve a more adaptive and flexible generating system. Revenue growth will be supported by more LTSAs sold to the new fleet of gas-fired powe...

12 Sep 2018  |  Europe  |  Market Research

Dynamic Competitors in the European Battery Energy Storage Market, 2018

Intelligent Software-based Energy Storage Solutions Providing Grid Ancillary Services Driving the Market

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Key Issues Addressed

The European energy storage market is undergoing a stage of technological evolution, with digital transformation, electric vehicle (EV) penetration, and smart grid initiatives leading the charge. The European region is becoming a hotspot for energy storage driven by falling battery and photovoltaic (PV) costs, attractive subsidies, and increasing e...

The European UPS industry has a highly competitive landscape where one of the key challenges for a UPS manufacturer is to differentiate itself from its competitors. It is important for a manufacturer to keep up with new technologies and industry trends and come up with UPS solutions that cater to the growing needs of businesses. The power demand ha...

The European micro CHP market is in the initial stages of development. Several thousands of internal combustion engine-based micro CHP units have been sold in Germany alone and new markets are being targeted in Austria, Italy, the United Kingdom and the Benelux countries. There is an initial market for external combustion engine-based micro CHP uni...

The European Commission's commitment to developing renewable energy is likely to be of primary importance for the growth of biomass power plant markets in Europe. Security of energy supply, reduction of emissions and sustainability of power supply are key factors which would contribute to market development. Although the matured markets might decli...

Slovakia sits at the heart of the European energy network, with connections to Poland, Ukraine, Hungary and the Czech Republic. Slovakia generates 71.4% of its electricity from nuclear and hydropower. With the new nuclear units under construction, export potential is likely to exist, but this is expected in the long-term. Slovakia’s hydropower cap...

This research report reviews the present scenario of the stationary fuel cells market in Europe, as well forecast commercialisation, future revenues, installed capacity and unit sales of the stationary fuel cell systems. It identifies key market drivers, market restraints as well as challenges facing the industry, evaluates and translates them into...