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Energy security and the energy transition are the key drivers of investments in the hydrogen industry. Hydrogen is considered a key pillar of decarbonization because it is one of the few routes available for decarbonization of some sectors like oil and gas, mining, iron and steel, and heavy transport. Its energy density and phase changeability faci...

Data storage technologies (DSTs) are evolving with the exponential rise in the demand for high capacity and secured storage systems in the recent years. This is mainly due to the change in technological perception in the global community, which focuses on facilitating simplified interaction with the latest innovations happening around as data forms...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in ultracapacitors, supercapacitors, immersion cooling technology for batteries, aem electrolysis, flywheels, small modular reactors, and quantum batteries, among others.The Energy and Power Systems TOE provide insights on the latest advances in the broa...

This study covers the latest trends in various technologies in the energy storage market. The technologies covered in the study are battery, compressed air, supercapacitors, thermal, and flywheels. The study period is 2015 to 2020. The base year of the study is 2015. The applications covered are grid scale, residential, commercial, and industrial. ...

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)...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in energy-efficient buildings, PEM fuel cell systems, molten-salt thermal energy, waste-to-energy systems, geothermal technology, gravity-based storage, heat-to-power conversion, microreactors, among others.The Energy and Power Systems TOE provide insigh...

Research into the mining explosives market was conducted for the major Southern African mining countries, namely South Africa, Namibia and Zambia. Country analyses are provided for the mining sectors and an opportunity analysis for the region. The study focuses on packaged and bulk explosives, along with detonating systems. Market sizes are provide...

Transition to a sustainable energy economy requires an energy carrier, which may enable large transfers of carbon-neutral energy. Hydrogen is a clean energy carrier that can have a positive impact on the entire energy industry. However, hydrogen storage in large amounts is challenging. There are considerable challenges associated with achieving an ...

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...