Grid Scale Battery Storage Market Forecast 2014-2024

LONDON, March 27, 2014 /PRNewswire/ --

Prospects for Energy Storage Technologies (EST) Companies

The grid scale battery storage market is largely an emerging one, especially when compared to other energy storage systems. Most grid scale batteries are either too expensive or not yet fully tested and understood in a real-life environment - or both. However, pressed by high and rising renewable energy capacity brought online, an increasing number of governments around the world are considering adopting new regulation favouring the commissioning of grid scale storage systems, such as capacity payment mechanisms or mandatory targets for the installation of new storage capacity. Meanwhile, research, development and demonstration efforts are consistent, as utilities and governments hope to be the first movers in one of the most promising markets in the energy industry.

In addition to this, production costs, and eventually market prices, of grid scale batteries are slowly but constantly declining thanks to continuous technological improvements. Just as decisively, a wealth of performance data are becoming available each year as pilot projects are completed around the world, providing the market with key information on the reliability of different battery technologies. A further boost for the sector can come from the rise of the electric vehicle market.

Visiongain calculates that CAPEX in the grid scale battery storage market will total $422m in 2014 and expects the market to grow considerably over the next 10 years for grid ancillary services, peak electricity demand shaving, energy efficiency and renewable energy integration.

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What will be the future for the grid scale battery storage market?  Visiongain's comprehensive analysis contains highly quantitative content delivering solid conclusions benefiting your analysis and illustrating new opportunities and potential revenue streams helping you to remain competitive. This definitive report will benefit your decision making and help to direct your future business strategy.

To see an exec summary of this report please email Sara Peerun on sara.peerun@visiongainglobal.com

We guarantee that you will receive key information which will benefit you in the following way:

•     View global grid scale battery storage market forecasts and analysis from 2014-2024 to keep your knowledge ahead of your competition and ensure you exploit key business opportunities
-     The report provides detailed CAPEX projections of the market, the competitors, and the commercial drivers and restraints allowing you to more effectively compete in the market. In addition to market forecasts from 2014 to 2024, our new study shows current market data, market shares, original critical analysis, and revealing insight into key commercial and regulatory developments.
•    Why struggle to find key market data? Why miss crucial information? Our comprehensive report provides instant market insight
-    Our 170 page report provides 98 tables, charts, and graphs. Let our analysts present you with a thorough assessment of the current and future grid scale battery storage market prospects.
-    This analysis will achieve quicker, easier understanding. You will also gain from our analyst's industry expertise, allowing you to demonstrate your authority on the grid scale battery storage sector.
•    Visiongain is one of the few business intelligence companies that provide full transcripts of primary research company interviews. Be part of this knowledge. Learn what industry thought leaders are thinking. Leaders hold critical information
-    By reading the full transcripts of exclusive expert opinion interviews contained in the report you will keep up to speed with what is really happening in the industry. Don't fall behind. You will gain a thorough knowledge on the grid scale battery storage sector finding strategic advantages for your work and will learn how your organisation can benefit - allowing you to assess prospects for investments and sales.
-    A123 Systems
-    Aquion Energy
-    Ecoult
-    RedFlow
•    Learn about the market prospects for the leading product types from 2014-2024
-    How will individual product types perform over the forecast period? Discover how high CAPEX can go, from 2014-2024, learning about products and years with the highest predicted growth and revenues. You will be able to assess each technology's future, seeing progress and finding what it means, including emerging trends for those technologies. These forecasts will also reveal the competitive landscape. You will see what is happening, explaining the challenges, trends, competitors, and market opportunities. Our report reveals forecasts for the 4 leading key product types as follows:
-    Lithium-ion batteries forecast 2014-2024
-    Sodium-based batteries forecast 2014-2024
-    Flow batteries forecast 2014-2024
-    Advanced lead acid batteries forecast 2014-2024
-    Other battery technologies forecast 2014-2024
•    Understand the prospects for the leading national grid scale battery markets - where will the highest revenues and opportunities occur?
-    Learn about the market potential for grid scale battery companies in the developed and developing countries, from 2013 onwards. You will see where and how opportunities exist with revealing individual market forecasts and analysis from 2014-2024 for 7 leading national markets:
-     US forecast 2014-2024
-     Japan forecast 2014-2024
-     China forecast 2014-2024
-     Italy forecast 2014-2024
-     Germany forecast 2014-2024
-     South Korea forecast 2014-2024
-     UK forecast 2014-2024
-    Plus the market outlook for Australia, Canada, France, Spain and the Middle East & Africa.
•    Find out about the market dynamics & opportunities in 7 leading countries
-    Understand industry activity with detailed data revealing where companies are earning their revenues and with what products and with which technology.
•    Explore the factors affecting product developers, and everyone within the value chain. Learn about the forces influencing market dynamics.
-    Explore the political, economic, social, and technological (PEST) issues assessing product advances. Discover what the present and future outlook for business will be. Learn about the following business critical issues -
-    Research and development (R&D) strategy
-    Technological issues and constraints
-    Supply and demand dynamics
-    Competition from new product types
-    Increasing specialisation by leading players
-    Increasing industry consolidation.
-    Advances in product quality
-    Analysis of barriers to entry
•    Identify who the leading companies are in the grid scale battery storage industry
-    Our report reveals the technologies and companies which hold the greatest potential. In particular, exploring and analysing the activities of these companies: See where the expected gains will be. Prospects for advances in the grid scale battery storage industry are strong, and from 2014 it holds many opportunities for revenue growth. View Visiongain's assessment of the prospects for established competitors, rising companies, and new market entrants. Our work explains that potential, helping you stay ahead. Gain a thorough understanding of the competitive landscape with profiles of 5 leading grid scale battery storage companies examining their 2013 CAPEX and market shares, capabilities, product portfolios, R&D activity, services, focus, strategies, M&A activity, and future outlook.
-     NGK Insulators
-     BYD
-     Sumitomo Electric
-     Samsung SDI
-     GE Energy Storage

Discover Information found nowhere else in this independent assessment of the grid scale battery storage market

The Grid Scale Battery Storage Market Forecast 2014-2024: Prospects for Energy Storage Technologies (EST) Companies report provides impartial grid scale battery storage sector analysis. With the independent business intelligence found only in our work, you will discover where the prospects are for profit. In particular, our new research provides you with key strategic advantages: Our informed forecasts, independent and objective analysis, exclusive interviews and revealing company profiles will provide you with that necessary edge, allowing you to gain ground over your competitors.

With this report you are less likely to fall behind in knowledge or miss crucial business opportunities. You will save time and receive recognition for your market insight. See how this report could benefit and enhance your research, analysis, company presentations and ultimately your individual business decisions and your company's prospects.

To see an exec summary of this report please email Sara Peerun on sara.peerun@visiongainglobal.com

What makes this report unique?

Visiongain consulted widely with leading industry experts and full transcripts from these exclusive interviews with A123 Systems, Aquion Energy, Ecoult and RedFlow are included in the report. Visiongain's research methodology involves an exclusive blend of primary and secondary sources providing informed analysis. This methodology allows insight into the key drivers and restraints behind market dynamics and competitive developments. The report therefore presents an ideal balance of qualitative analysis combined with extensive quantitative data including global, submarket and regional markets forecasts from 2014-2024.

Why choose visiongain business intelligence?

Visiongain's increasingly diverse sector coverage strengthens our research portfolio. The growing cross-sector convergence of key verticals and the interplay of game changing technologies across hitherto unrelated industries are creating new synergies, resulting in new business opportunities for you to leverage.

As such, visiongain's team of London based in-house analysts offer a wealth of knowledge and experience to inform your strategic business decisions. Let visiongain guide you.

How the Grid Scale Battery Storage Market Forecast 2014-2024: Prospects for Energy Storage Technologies (EST) Companies  report can benefit you

Visiongain's report is for anyone requiring analysis of the grid scale battery storage market. You will discover market forecasts, technological trends, predictions and expert opinion providing you with independent analysis derived from our extensive primary and secondary research. Only by purchasing this report will you receive this critical business intelligence revealing where CAPEX growth is likely and where the lucrative potential market prospects are. Don't miss this key opportunity to gain a competitive advantage.

Avoid falling behind your competitors, overlooking critical business opportunities or losing industry influence. In our new report you will discover forecasts from 2014-2024 at the global, submarket, and national level. The report also assesses technologies, competitive forces and expected product pipeline developments. Read on to discover the prospects for the grid scale battery storage sector and find out what its future market prospects are.

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Companies Listed in this report:
A123 Energy Solutions
A123 Systems
AES Energy Storage
Altair Nanotechnologies (Altairnano)
American Electric Power (AEP)
Aquion Energy
Asahi Kasei
Axion Power International
Bloomberg New Energy Finance (BNEF)
BrightSource Energy
BYD
China Southern Power Grid (CSG)
Daewoo
Deeya Energy
Dow Kokam
Duke Energy
East Penn Manufacturing
Ecoult
EDF Energy
Electrovaya
Emerson Network Power Australia
Endesa
Enel
EnerSys
EnerVault
Eos Energy Storage
FIAMM
First Wind
Flextronics
Furukawa Battery
GE Energy Storage
General Electric (GE)
Google
GS Yuasa
Hokkaido Electric
Hudson Clean Energy Partners
Korea Electric Power Corporation (KEPCO)
Kuick Research
KT
LG
LG Chem
Mitsubishi Heavy Industries (MHI)
Mitsubishi Materials
National Grid
NGK Insulators
Nichicon
Nissan
NRG Energy
Panasonic
Power Grid Corporation of India
Primus Power
Prudent Energy Technology
Ray Power
Raytheon
RedFlow
Regenesys
Saft
Saint-Gobain
Samsung Corporation
Samsung SDI
Sanyo Electric
Siemens
SK Telecom
SolarCity
Sony
South Plains Electric Cooperative (SPEC)
Southern California Edison
State Grid Corporation of China (SGCC)
Sumitomo Electric
SustainX
Terna
Terna Plus
Tesla
Tohoku Electric
Tokyo Electric Power Company (TEPCO)
Toshiba
Toyota
Wanxiang Group
Wemag
Xcel Energy
Xtreme Power
Younicos
ZBB Energy

Other Organisations Mentioned in This Report
Advanced Lead Acid Battery Consortium (ALABC)
Australian Labor Party
Australian Renewable Energy Agency (ARENA)
California Energy Commission
California Public Utilities Commission (CPUC)
Centre for Renewable Energy Development (CRED)
Centre for the Commercialization of Electric Technologies (CCET)
China Electrical Power Research Institute (CEPRI)
Commonwealth Scientific and Industrial Research Organisation (CSIRO)
Electric Vehicles Initiative (EVI)
European Commission
European Commission Joint Research Centre
European Union
Federal Association of Energy Storage (BVES)
Fraunhofer Center for Energy Storage
Fraunhofer Society
German Federal Association of Energy and Water Industries (BDEW)
Global Wind Energy Council (GWEC)
Harvard Business School
International Atomic Energy Agency (IAEA)
International Energy Agency (IEA)
Italian Ministry of Economy and Finances
Japanese Ministry of Economy, Trade and Industry (METI)
Korea Institute of Energy Research (KIER)
Los Angeles Department of Water and Power (LADWP)
Massachusetts Institute of Technology (MIT)
New York Battery and Energy Storage Technology Consortium (NY-BEST)
New York State Energy Research and Development Authority (NYSERDA)
Organisation for Economic Co-operation and Development (OECD)
Public Utilities Commission of Ohio (PUCO)
Renewable Energy Policy Network for the 21st Century (REN21)
Rutgers, The State University of New Jersey
Sandia National Laboratories
Seattle University
South Korean Ministry of Knowledge Economy
UK Department of Energy and Climate Change (DECC)
UK Office of Gas and Electricity Markets (Ofgem)
UK Technology Strategy Board (TSB)
United Nations Framework Convention on Climate Change (UNFCCC)
US Department of Energy (DOE)
US Energy Information Administration (EIA)
US Federal Energy Regulatory Commission (FERC)
US Republican Party
World Economic Forum

To request an exec summary of this report please email Sara Peerun at sara.peerun@visiongainglobal.com or call Tel : +44(0)20-7336-6100

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