Emerging Trends in Thermal Energy Storage (TES) (TechVision)

High Energy Density Latent and Thermochemical Systems Dominate Future of Thermal Energy Storage

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Thermal energy storage (TES) is a system to store thermal energy. TES can be differentiated into three different categories, namely sensible, latent and thermochemical. The main drivers that propel development of TES system are advancements in material sciences and the emergence of smart thermal grid. Although some of the TES system is already mature especially sensible, adoption of this technology is still slow due to lack of awareness from stakeholders to employ this technology as a method to achieve energy efficiency. Furthermore, high cost of new technology and the recent dramatic drop in oil prices have inhibited or slowed the adoption of TES due to less compelling economics. By using Analytical Hierarchy Process (AHP), emerging TES systems based on latent and thermochemical have been identified as the future of TES systems because it shows remarkable performance capabilities. However, strengthening legislation and standardization frameworks need to be done to see wider adoption of TES systems in the future, especially in Europe and North America.

Table of Contents

Executive SummaryResearch Process and MethodologyResearch ScopeKey FindingsSummary of Thermal Energy StorageTechnology CapabilityTechnology SnapshotTechnology SnapshotTechnology AssessmentTechnology AssessmentTechnology AssessmentTechnology AssessmentTechnology AssessmentTechnology AssessmentTechnology AssessmentTechnology AssessmentTechnology AssessmentBenefit-Cost RatioTechnology Value Chain Technology Value Chain (continued)Technology Value Chain (continued)Technology Value Chain (continued)Impact Assessment and AnalysisApplication of Thermal Energy StoragePotential Application – Available MarketTechnology Drivers and ChallengesMarket Drivers and ChallengesMarket Drivers and Challenges (continued)Stakeholder ActivitiesStakeholder ActivitiesStakeholder ActivitiesIndustry InitiativesIndustry InitiativesIndustry InitiativesIndustry InitiativesOpportunity Evaluation and Roadmapping Analytical Hierarchy Process (AHP)-Based Technology RoadmapAHP-Based Technology RoadmapAHP-Based Technology Roadmap (continued) AHP-Based Technology Roadmap (continued) AHP-Based Technology Roadmap (continued) AHP-Based Technology Roadmap (continued) AHP-Based Technology Roadmap (continued) AHP-Based Technology Roadmap (continued) AHP-Based Technology Roadmap (continued) AHP-Based Technology Roadmap (continued)AHP-Based Technology Roadmap (continued)AHP-Based Technology Roadmap (continued)AHP–Analyst InsightsAHP–Analyst Insights (continued)AppendixData for AHPSome Key PatentsSome Key Patents (continued)Some Key Patents (continued)Contact DetailsLegal DisclaimerThe Frost & Sullivan StoryThe Frost & Sullivan StoryValue Proposition: Future of Your Company & CareerGlobal PerspectiveIndustry Convergence360º Research PerspectiveImplementation ExcellenceOur Blue Ocean Strategy




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emerging trends in thermal energy storage
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thermal energy storage trends

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