Energy Storage

The global Starting, Lighting and Ignition (SLI) Lead Acid Battery market is mature but continues to exhibit consistent and continuous demand. The sector is characterized by intense competition and limited product differentiation. Lead acid batteries are the earliest form of energy storage solutions that generate electricity from a chemical composi...

The global Lithium-ion battery market by application (grid + energy storage, automotive, industrial, and consumer electronics) and by region (North America, Europe, APAC, and Rest-of-the-world) is expected to grow at a compound annual growth rate (CAGR) of 17.9% during 2018–2025. Market growth is fuelled by rising demand for energy storage across...

31 Dec 2018  |  North America

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...

24 Nov 2017  |  Africa

Future and Impact of Power Storage in Sub-Saharan Africa, 2017

Development of Remote Power Systems and Mobile Connectivity will Drive Uptake of Battery Energy Storage Systems

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Power storage through the use of battery energy storage systems is critical to countries in Sub-Saharan Africa. While the foremost application of battery storage would be in renewable energy-based off-grid power systems for rural electrification and all-round electricity access, batteries are set to play a major role across commercial and industria...

Distributed energy resources and distributed energy storage systems (ESS) are changing the face of power generation and distribution in the Organisation for Economic Co-operation and Development (OECD) countries. To tap these new market opportunities, consumers need to be properly supported with financing options for ESS installations. The study s...

This outlook discusses the short-term impact of the major trends affecting various sectors in the energy and environment industry across the Latin American region. It provides insights on current activity on the oil and gas industry; the evolving power generation matrix, with a special focus on the rapid development of renewable sources and distrib...