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Utilities are entering a phase of selective, use-case-driven investment in meter data management (MDM), where funding is tied to measurable operational and commercial outcomes rather than platform modernization alone. The most consistent priorities in which utilities are willing to invest include interval and complex billing/settlement, outage data...

Global smart grid investment is likely to grow rapidly. By 2025, a complete transformation to a smarter grid is unlikely but the process would have gained pace with major changes underway in grid automation, demand-side management, and Big Data analytics. Revenue growth will be the fastest in Europe. Demand response and advanced metering infrastruc...

The impact of Covid-19 continues to reverberate in the Internet of Things (IoT) . This Reforecast of the IoT space shows that by 2026, there will be over 66 billion devices active globally. 2020 will see growth decline to 9.3 percent with Asia-Pacific accounting for a large share of that growth. EMEA region will be the slowest to recover with the r...

Water shortage caused by the intensification of the impacts of climate change, population growth, and accelerated urbanization require immediate action on development of technologies for effective management of water supply and consumption. In addition, aging water infrastructure leads to water loss and increase in non-revenue water. Smart water gr...

The impact of Covid-19 continues to reverberate in the Internet of Things (IoT). In addition, the fears of a global recession will have an impact on the market. While this impact is likely to be felt more in the EMEA region, other regions will be impacted by the global recession and inflationery pressures. This Reforecast of the IoT space shows tha...

21 Jul 2015  |  Global  |  Market Research

Global Utility-scale Grid-connected Battery Energy Storage Systems Market

High Growth in Utility-scale Grid-connected Solutions

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The battery energy storage system (BESS) market is poised to enter a period of dynamic growth on a global level. In the markets for utility-scale grid-connected solutions, commercialisation will begin to accelerate after 2017 with the subsequent years bringing huge opportunities for companies that have the technological capabilities to compete. Rap...

The impact of Covid-19 continues to reverberate in the Internet of Things (IoT). In addition, the fears of a global recession will have an impact on the market. While this impact is likely to be felt more in the EMEA region, other regions will be impacted by the global recession and inflationery pressures. This Reforecast of the IoT space shows tha...

Grid-Scale energy storage solutions involve electrochemical storage such as batteries, supercapacitors, electromechanical storage solutions such as flywheels, compressed air energy storage and thermal energy storage solutions like molten salt and ice energy storage. These storage solutions are used to support grid stability and predominantly the in...

The key objective of this research study is to understand the dynamics of the utility-scale, grid-connected battery-based energy storage systems (BESS) market for utility applications. The geographic scope of the study includes South Asia (India and China), Southeast Asia (Vietnam, Indonesia, Thailand, Malaysia, Philippines, Singapore, and Myanmar)...