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This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in AI driven battery monitoring, virtual power plants, grid optimization, perovskite technology, vanadium redox flow battery, pumped storage hydropower, wind farm management, sodium-ion energy storage solutions, building energy harvesting, solar-to-hydro...

The lithium-ion battery market is considered a high growth market. Because demand for energy storage is increasing, the need for lithium-ion batteries is also increasing. The segments that will exhibit high growth rates for these batteries include automotive, grid and renewable energy storage, consumer, and industrial. With greater emphasis on gree...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on downhole compression technology, gas recovery, impact-based drilling, leak detection, graphene nanotech sensors, orphaned wells detection, among others.The Oil and Gas TOE provides intelligence on innovations pertaining to technologies, products, and proces...

This study examines the key mega trends that are creating a high demand for batteries. The role of the Internet of Things (IoT), advancements to telecommunication networks (LTE), wearable devices with sensors, renewable integration, smart grid, energy storage, and advancements to healthcare devices are some of the key technologies that are dependen...

This report identifies the 10 most promising growth opportunities shaping the global power generation and distributed energy landscape in 2026. It examines how accelerating electrification, grid modernization, decarbonization targets, digitalization, and energy security concerns are redefining investment priorities across utilities, independent pow...

06 Feb 2023  |  Global  |  Market Research

Battery Energy Storage Growth Opportunities

Renewed Governmental Support for Clean Energy Transition Propels an Already Fast growing Industry

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Global battery energy storage (BES) deployment grew 51.8% in 2022 from 2021, with 17.54 GW/38.2 GWh commissioned. 2022 was a historic turning point in the clean energy transition. Despite constraints in the supply of critical minerals and materials, shipping, and sitting and permitting processes, BES is a burgeoning technology poised for accele...

31 Dec 2018  |  North America  |  Market Research

Commercial Battery Energy Storage Market in Key Markets, Forecast to 2025

With Rising Demand Charges, Rapid Battery Price Reductions, Rampant Technological Innovation and Evolving Business Models, the Global Commercial Battery Storage Market will Exhibit Dramatic Growth Till 2025

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The commercial battery storage market is expected to show enormous growth, rising from $160.4 million in 2017 to $1.6 billion by 2025. Behind-the-meter battery energy storage systems at commercial sites offer attractive benefits such as peak demand charge reduction, back up, peak shaving and using batteries to participate in the local ancillary gri...

28 Mar 2018  |  Global  |  Market Research

Global Residential Battery Energy Storage Market, Forecast to 2022

With Increasingly Favourable Market Conditions, Rapid Price Reductions and Rampant Technological Innovation, the Global Residential Battery Storage Market Will Show Dramatic Growth Till 2022

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Key Issues Addressed

The residential battery storage market is expected to show enormous growth over the period of 2016 to 2022, from a market of USD744 million in 2016 to USD3.6 billion by 2022. The market is being spurred on by feed-in tariff and net metering revisions in historic residential PV hotspots, subsidies and tax incentives, rapid price reductions in lithiu...