The Grid Battery Energy Storage Technologies Market Report 2015
The Grid Energy Battery Storage (GEBS) technologies storage market is beginning to gain momentum as many electro-chemical technologies evolve from a demonstration projects into commercial deployment on a grid scale level. GEBS technologies provide a number of advantages over other established, emerging and competing technologies such as ease of deployment, flexibility of use, the precision and quality of the service they can provide to grid operators and the lack of geographical constraints experienced by technologies such as CAES and PHS.
Market dynamics such as ageing electrical grids, utility financial constraints, development of renewable intermittent energy sources and an evolving regulatory environment will be key drivers of the adoption of GEBS technologies. As production costs of grid scale battery technologies decline we expect to see increased deployment around the world with U.S, Germany China and Japan being early adopter and drivers, further driving down costs of these systems.
Why you should buy The Grid Battery Energy Storage Technologies Market 2015
Market dynamics such as ageing electrical grids, utility financial constraints, development of renewable intermittent energy sources and an evolving regulatory environment will be key drivers of the adoption of GEBS technologies. As production costs of grid scale battery technologies decline we expect to see increased deployment around the world with U.S, Germany China and Japan being early adopter and drivers, further driving down costs of these systems.
Why you should buy The Grid Battery Energy Storage Technologies Market 2015
- 273 pages of comprehensive analysis
- 55 tables, charts, and graphs quantifying the market in detail
- Grid Battery Energy Storage Technologies market forecasts between 2015 and 2025
- Ten year market forecasts for 5 GBES submarket forecasts including:
- Lead-Acid
- Lithium-Ion
- Sodium-Ion
- Flow Batteries
- Other Battery Types
- Forecasts for the 12 leading and Rest of the World (RoW) markets within the Grid Battery Energy Storage Technologies market:
- US
- Germany
- Canada
- China
- Japan
- Spain
- Italy
- France
- UK
- South Korea
- Australia
- South Korea
- Rest of the World
- A SWOT analysis that examines the GBES market
- 74 key companies identified and profiled operating within the Grid Battery Energy Storage Technologies market.
Executive Summary
Benefits of the Report
Intended Audience
Report Contributors
Methodology
Introduction to the Grid Battery Energy Storage Technologies Market
History of the Evolution Battery Storage Technology
How Rechargeable Batteries Work
Description of Grid-scale Battery Energy Storage Technologies and System Components
Figure 1: Overview of Grid Battery Electro-Chemical Technologies
Figure 2: Typical Wind Farm Grid Battery Storage Facility
Conventional Batteries
Lithium-Ion Batteries
Lithium-Ion Battery Composition
Figure 3 Lithium-Ion Battery Configuration
Lithium-Ion Battery Characteristics
Figure 4: Map of Planned and Existing Lithium Ion Demonstrations (2009)
Advantages Lithium-ion batteries
Disadvantage Lithium-ion batteries
Table 1: Lithium-Ion Battery Features
Table 2: Lithium-Ion Battery Costs by Benefit (2010$)
Lead-Acid Batteries
Figure 5: Lead-acid Battery Configuration
Lead-Acid Battery Configuration
Types of Lead-Acid Batteries
Flooded Type Lead-acid Batteries
Valve-Regulated Lead acid Batteries
Maintenance Requirements for Lead-acid Batteries
Advanced Lead-acid Batteries
Cost of Operating Lead-acid Batteries
Table 3: Lead acid battery costs by application ($)
Table 4: Lead-Acid and Advanced Lead Acid Battery Costs by Application ($)
Advantages of Lead-acid Batteries
Disadvantages of Lead-acid Batteries
High Temperature Batteries
Sodium-Based Batteries
Figure 6: Sodium Sulphur Cell Construction
Sodium-Sulphur Battery Configuration
Commercialization of Sodium-Sulphur Batteries
Operating Ranges of Sodium-Sulphur Batteries
Operating Costs of Sodium-Sulphur Batteries
Sodium-Nickel-Chloride (ZEBRA) Batteries
Technical Characteristics of Sodium Nickel-Chloride
Table 5: Sodium sulphur battery costs by application ($)
Table 6: Sodium Sulphur Battery Costs by Benefit ($)
Advantages of Sodium-Based Batteries
Figure 7: Advantages of NaS Battery Technology
Disadvantages of Sodium-Based Batteries
Flow Batteries
Figure 8: Flow battery system
Types of Flow Battery
Figure 9: Flow battery Cell construction
Hybrid Flow Batteries compared with Redox Flow Batteries
Redox Flow Batteries
Vanadium Redox Batteries
Composition of Vanadium Redox Flow Batteries
Response Time of Vanadium Redox
Table 7: Technical characteristics of VRB systems by application
Vanadium Redox Batteries Energy & Power Characteristics
Vanadium Redox Batteries Facilities
Operating Costs of Vanadium Redox Batteries
Figure 10: Component costs of a VRB as a percentage of total capital cost ($)
Figure 11: Present capital costs estimates of VRB systems
Table 8: VRB capital and operating costs ($)
Table 9: VRB Costs by Benefit ($)
Hybrid Flow Batteries
Zinc Redox
Zinc-Bromine Flow Battery
Figure 12: Zinc bromine battery composition
Operating Range of Zinc-Bromide
Zinc Bromine Flow Batteries Facilities
Operating Costs of Zinc-Bromine Flow Batteries
Table 10: Zinc Bromine Battery Costs by Application (2003$)
Table 11: Zinc Bromine Battery Cost by Size and Application (2010$)
Advantages of Flow Batteries
Disadvantages of Flow Batteries
Nickel-Cadmium (NiCd) & Other Nickel Electrode Batteries
Figure 13: Nickel cadmium cell composition
Operating Ranges of Nickel-Cadmium Batteries
Types of Nickel-Based Batteries
Table 12: Nickel Cadmium Battery Costs by Application (2003$)
Table 13: Nickel Cadmium Battery Features
Advantages of Nickel-Based Batteries
Disadvantages of Nickel-Based Batteries
Other Battery Designs
Metal Air Batteries
Figure 14: Metal air battery compositions
Molten/Liquid Metal Batteries
Figure 15: General Molten air battery composition
Figure 16: Liquid Metal battery composition
Advantages of Metal Air & Metal Liquid Batteries
Disadvantages of Metal Air & Metal Liquid Batteries
A Comparison of the Different Battery Technologies
Table 14: Select Battery Technology Comparison. (MW, $/kWh, MWH)
Traditional Electro- Chemicals
New Electro-Chemical Approach
Figure 17: Power rating and discharge duration at rated power
Figure 18: A comparison of technology maturity and anticipated R&D expenditure
Cost Comparison
Table 15: Summary of the main Mechanical & electrical Energy Storage systems (MW, $/kWh, MWH)
Figure 19: Per unit energy and power capital costs by technology
Table 16: Present worth cost of 10-year operation in year 1 ($/kW)
Figure 20: Energy Storage Technology Applications
Review of other Relevant Utility Scale Storage Technologies
Figure 21: Comparison of PHS, CAES, and Emerging Technologies, system ratings
Figure 22: Comparison of PHS, CAES, and Other Emerging grid scale storage Technologies costs
Pumped Hydro Storage
Compressed Air Energy Storage
CAES Heat Storage and Advanced Adiabatic CAES
Other Emerging Grid Scale Energy Storage Technologies
Figure 23: Maturity stage of energy storage systems
Ultracapacitors
Flywheels
Global Grid Battery Energy Storage Technologies Industry SWOT Analysis
Global Grid Battery Energy Storage Technologies Industry Outlook
Table 17: Global Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 1: Global Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 2: Global Grid Battery Energy Storage Technologies Capacity Additions Forecast 2013-2025 (MW)
Lithium-Ion Grid Battery Energy Storage Sub-Market
Table 18: Lithium-Ion Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Chart 3: Lithium-Ion Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Table 19:Li-ion Batteries SWOT
Chart 4: Global Grid Battery Energy Storage Technologies Capacity Additions Forecast 2013-2025 (MW)
Lead-Acid Grid Battery Energy Storage Sub-Market
Table 20: Lead-Acid Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Chart 5: Lead-Acid Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Table 21:Lead-Acid Batteries SWOT
Chart 6: Global Grid Battery Energy Storage Technologies Capacity Additions Forecast 2013-2025 (MW)
Flow Batteries Grid Battery Energy Storage Sub-Market
Table 22: Flow Batteries Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Chart 7: Flow Batteries Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Table 23: Flow Batteries SWOT
Chart 8: Global Grid Battery Energy Storage Technologies Capacity Additions Forecast 2013-2025 (MW)
Sodium-Based Grid Battery Energy Storage Sub-Market
Table 24: Sodium-Based Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Chart 9: Sodium-Based Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Table 25: Sodium-Based (NaS) Batteries SWOT
Chart 10: Global Grid Battery Energy Storage Technologies Capacity Additions Forecast 2013-2025 (MW)
Other Grid Battery Energy Storage Sub-Market
Table 26: Other Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Chart 11: Other Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Chart 12: Global Grid Battery Energy Storage Technologies Capacity Additions Forecast 2013-2025 (MW)
Drivers & Restraints of the Grid Battery Energy Storage Technologies Market
Drivers of the Grid Battery Energy Storage Technologies Market
Rising Energy Prices Indirectly Incentivise Grid Scale Battery Storage
Figure 24: U.S Residential Retail Electricity Price, 1960-2014 (USc/kW)
Investments in Research, Development and Demonstration Projects
Importance of Renewable Energy Integration
Smart Grids and Distributed Power Generation Systems
How Expanding Electricity Demand Can Drive Demand of Grid Scale Battery Storage
The Developing Electric Vehicle Market as a Growth Factor
The Role of Changing National Policies Towards Energy Storage
The Potential of Deregulating the Electric Utility Markets
Grid benefits
Load Levelling
Figure 25: Stylized Representation of a Daily Load Curve
Capacity Factor/Dispatch for Intermittent Renewables
Peaking Power Support
Offset of Needed Peaking Power Generation Capacity
Offset of Needed Renewable Generation Capacity
Economic Benefits
Energy Arbitrage
Investment Deferral
Renewable Energy Dispatch and Timing Benefits (ability to meet Renewable Energy targets, etc.)
Figure 26: Renewable Offsetting Example,
Restraints of the Grid Battery Energy Storage Technologies Market
The Long-Standing Constraint of High Capital Costs of Grid Scale Battery Storage
The Policy and Regulatory Challenges Ahead
How Conservatism in the Utility Industry May Hinder Growth
The Need for Large-Scale Demonstration Projects
Competition From Other Energy Storage Technologies in the Market
Environmental Concerns
Energy Loss During Storage
Economic Risk
Regional Grid Battery Energy Storage Technologies Market Outlook
Table 27: Regional Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 13: Regional Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
U.S Grid Battery Energy Storage Technologies Market Outlook
Table 28: U.S. Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 14: U.S. Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
German Grid Battery Energy Storage Technologies Market Outlook
Table 29: German Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 15: German Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Canadian Grid Battery Energy Storage Technologies Market Outlook
Table 30: Canadian Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 16: Canadian Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chinese Grid Battery Energy Storage Technologies Market Outlook
Table 31: Chinese Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 17: Chinese Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Japanese Grid Battery Energy Storage Technologies Market Outlook
Table 32: Japanese Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 18: Japanese Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Spanish Grid Battery Energy Storage Technologies Market Outlook
Table 33: Spanish Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 19: Spanish Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Italian Grid Battery Energy Storage Technologies Market Outlook
Table 34: Italian Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 20: Italian Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
French Grid Battery Energy Storage Technologies Market Outlook
Table 35: French Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 21: French Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
United Kingdom Grid Battery Energy Storage Technologies Market Outlook
Table 36: United Kingdom Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 22: United Kingdom Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
South Korean Grid Battery Energy Storage Technologies Market Outlook
Table 37: South Korean Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 23: South Korean Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Australian Grid Battery Energy Storage Technologies Market Outlook
Table 38: Australian Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 24: Australian Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Table 39: Selected Australian Energy Storage Facilities
Rest of the World Grid Battery Energy Storage Technologies Market Outlook
Table 40: RoW Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 25: RoW Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Regulatory Developments
United States Regulatory Support and Incentives
Federal
U.S. Internal Revenue Service
Renewable Electricity Production Tax Credit
Table 41: Renewable Electricity Production Tax Credit: In-service deadline 2014 (¢/kWh)
Figure 26: Impact of production tax credit expiration and extension on U.S. annual installed wind capacity
Qualifying Advanced Energy Manufacturing Investment Tax Credit
Clean Renewable Energy Bonds
Qualified Energy Conservation Bonds
U.S. Department of the Treasury
Renewable Energy Grants
U.S. Department of Energy
Green Power Purchasing Goal
Loan Guarantee Program
Innovative Technology Loan Guarantee Program
Temporary Loan Guarantee Program
Smart Grid Investment Grant Program
International Regulatory Support and Incentives: Europe
European Union
EU Climate and Energy Package: Renewable Energy Targets
An Energy Policy for Europe
European Council Action Plan (2007–2009) Energy Policy for Europe
Seventh Framework Program for Research and Technological Development
Table 42: Energy Research Under EU initiatives
International Regulatory Support and Incentives: Asia-Pacific
Australia
Renewable Energy Target
Clean Energy Program
China
Preferential Tax Policies for Renewable Energy
Medium- and Long-Term Development Plan for Renewable Energy
Wind Power Concession Programme
India
Renewable Energy Certificates System
Indonesia
National Energy Blueprint
Japan
Strategic Energy Plan (2014)
Basic Energy Plan (2014)
New Zealand
Marine Energy Deployment Fund
Thailand
Strategic Plan for Renewable Energy Development
Industry Trends And Developments
Market Overview
Vendor Market Space
Figure 27: Energy Storage Vendor Organisation
Figure 28: Energy Storage Vendor Organisation
Figure 29: U.S. Solar and Storage Vendor Market Space
COMPANY PROFILES
Leading Venders Grid Scale Battery Storage Companies
BYD Co. Ltd
GE Energy Storage
NGK Insulators Ltd.
Samsung SDI Co. Ltd.
Sumitomo Electric Industries, Ltd
Other Leading Manufacturers & Supply Companies in the Grid Scale Battery industry
A123 Energy Solutions LLC
ABB Ltd.
Advanced MicroGrid Solutions, Inc.
AES Energy Storage LLC
Alevo Group
Ambri Inc
American Vanadium Corp.
Amprius Inc.
Aquion Energy, Inc.
Automotive Energy Supply Corporation (AESC)
Axion Power International, Inc.
BrightSource Energy, Inc.,
Bosch Group
Boston-Power Inc,
Chulan Group
Coda Energy Holdings LLC
Cobasys LLC
Demand Energy
Dyna Power Corporation
Duke Energy Corporation
Ecoult
Electrovaya Inc.,
EnerVault Corporation
Envia Systems, Inc.
EOS Energy Storage
FIAMM S.p.A.
Furukawa Battery Co., Ltd.
Gildemeister Energy Solutions
Green Charge Networks, LLC
Greensmith Inc.
GS Yuasa Corporation
Hokkaido Electric Power Company
Imergy Power Systems
JLM Energy Inc.
Johnson Controls, Inc.
LG Chem Ltd
Lithium Energy Japan (LEJ)
Mitsubishi Heavy Industries, Ltd. (MHI)
NEC Energy Solutions Inc.
Outback Power Systems, Inc.
Panasonic Corporation
Pellion Technologies
Primus Power Corporation
Prudent Energy Inc.
QuantumScape Corporation
RedFlow Energy Storage Solutions
Renewable Energy Systems Americas Inc. (RES America)
S&C Electric Company Inc.
Saft Groupe S.A.
Sakti3, Inc.
Seeo, Inc.
Sharp Corporation
SK Continental E-motion Korea Co., Ltd.
Siemens Energy
SolarCity Corporation
Solar Grid Storage
Sonnenbatterie GmbH
Spider9 Inc
Stem Inc.
Sunverge Energy, Inc.
Tesla Motors, Inc.
TesVolt GMBH
Tianjin Lishen Battery Co., Ltd.
Toshiba
UET (UniEnergy Technologies)
ViZn Energy Systems, Inc.
Xcel Energy Inc.,
Younicos, Inc
ZBB Energy Corporation
Conclusions
Glossary Of Terms
Methodology
How We Generate Our Industry Forecasts
Disclaimer
Appendix A
Appendix B
Benefits of the Report
Intended Audience
Report Contributors
Methodology
Introduction to the Grid Battery Energy Storage Technologies Market
History of the Evolution Battery Storage Technology
How Rechargeable Batteries Work
Description of Grid-scale Battery Energy Storage Technologies and System Components
Figure 1: Overview of Grid Battery Electro-Chemical Technologies
Figure 2: Typical Wind Farm Grid Battery Storage Facility
Conventional Batteries
Lithium-Ion Batteries
Lithium-Ion Battery Composition
Figure 3 Lithium-Ion Battery Configuration
Lithium-Ion Battery Characteristics
Figure 4: Map of Planned and Existing Lithium Ion Demonstrations (2009)
Advantages Lithium-ion batteries
Disadvantage Lithium-ion batteries
Table 1: Lithium-Ion Battery Features
Table 2: Lithium-Ion Battery Costs by Benefit (2010$)
Lead-Acid Batteries
Figure 5: Lead-acid Battery Configuration
Lead-Acid Battery Configuration
Types of Lead-Acid Batteries
Flooded Type Lead-acid Batteries
Valve-Regulated Lead acid Batteries
Maintenance Requirements for Lead-acid Batteries
Advanced Lead-acid Batteries
Cost of Operating Lead-acid Batteries
Table 3: Lead acid battery costs by application ($)
Table 4: Lead-Acid and Advanced Lead Acid Battery Costs by Application ($)
Advantages of Lead-acid Batteries
Disadvantages of Lead-acid Batteries
High Temperature Batteries
Sodium-Based Batteries
Figure 6: Sodium Sulphur Cell Construction
Sodium-Sulphur Battery Configuration
Commercialization of Sodium-Sulphur Batteries
Operating Ranges of Sodium-Sulphur Batteries
Operating Costs of Sodium-Sulphur Batteries
Sodium-Nickel-Chloride (ZEBRA) Batteries
Technical Characteristics of Sodium Nickel-Chloride
Table 5: Sodium sulphur battery costs by application ($)
Table 6: Sodium Sulphur Battery Costs by Benefit ($)
Advantages of Sodium-Based Batteries
Figure 7: Advantages of NaS Battery Technology
Disadvantages of Sodium-Based Batteries
Flow Batteries
Figure 8: Flow battery system
Types of Flow Battery
Figure 9: Flow battery Cell construction
Hybrid Flow Batteries compared with Redox Flow Batteries
Redox Flow Batteries
Vanadium Redox Batteries
Composition of Vanadium Redox Flow Batteries
Response Time of Vanadium Redox
Table 7: Technical characteristics of VRB systems by application
Vanadium Redox Batteries Energy & Power Characteristics
Vanadium Redox Batteries Facilities
Operating Costs of Vanadium Redox Batteries
Figure 10: Component costs of a VRB as a percentage of total capital cost ($)
Figure 11: Present capital costs estimates of VRB systems
Table 8: VRB capital and operating costs ($)
Table 9: VRB Costs by Benefit ($)
Hybrid Flow Batteries
Zinc Redox
Zinc-Bromine Flow Battery
Figure 12: Zinc bromine battery composition
Operating Range of Zinc-Bromide
Zinc Bromine Flow Batteries Facilities
Operating Costs of Zinc-Bromine Flow Batteries
Table 10: Zinc Bromine Battery Costs by Application (2003$)
Table 11: Zinc Bromine Battery Cost by Size and Application (2010$)
Advantages of Flow Batteries
Disadvantages of Flow Batteries
Nickel-Cadmium (NiCd) & Other Nickel Electrode Batteries
Figure 13: Nickel cadmium cell composition
Operating Ranges of Nickel-Cadmium Batteries
Types of Nickel-Based Batteries
Table 12: Nickel Cadmium Battery Costs by Application (2003$)
Table 13: Nickel Cadmium Battery Features
Advantages of Nickel-Based Batteries
Disadvantages of Nickel-Based Batteries
Other Battery Designs
Metal Air Batteries
Figure 14: Metal air battery compositions
Molten/Liquid Metal Batteries
Figure 15: General Molten air battery composition
Figure 16: Liquid Metal battery composition
Advantages of Metal Air & Metal Liquid Batteries
Disadvantages of Metal Air & Metal Liquid Batteries
A Comparison of the Different Battery Technologies
Table 14: Select Battery Technology Comparison. (MW, $/kWh, MWH)
Traditional Electro- Chemicals
New Electro-Chemical Approach
Figure 17: Power rating and discharge duration at rated power
Figure 18: A comparison of technology maturity and anticipated R&D expenditure
Cost Comparison
Table 15: Summary of the main Mechanical & electrical Energy Storage systems (MW, $/kWh, MWH)
Figure 19: Per unit energy and power capital costs by technology
Table 16: Present worth cost of 10-year operation in year 1 ($/kW)
Figure 20: Energy Storage Technology Applications
Review of other Relevant Utility Scale Storage Technologies
Figure 21: Comparison of PHS, CAES, and Emerging Technologies, system ratings
Figure 22: Comparison of PHS, CAES, and Other Emerging grid scale storage Technologies costs
Pumped Hydro Storage
Compressed Air Energy Storage
CAES Heat Storage and Advanced Adiabatic CAES
Other Emerging Grid Scale Energy Storage Technologies
Figure 23: Maturity stage of energy storage systems
Ultracapacitors
Flywheels
Global Grid Battery Energy Storage Technologies Industry SWOT Analysis
Global Grid Battery Energy Storage Technologies Industry Outlook
Table 17: Global Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 1: Global Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 2: Global Grid Battery Energy Storage Technologies Capacity Additions Forecast 2013-2025 (MW)
Lithium-Ion Grid Battery Energy Storage Sub-Market
Table 18: Lithium-Ion Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Chart 3: Lithium-Ion Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Table 19:Li-ion Batteries SWOT
Chart 4: Global Grid Battery Energy Storage Technologies Capacity Additions Forecast 2013-2025 (MW)
Lead-Acid Grid Battery Energy Storage Sub-Market
Table 20: Lead-Acid Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Chart 5: Lead-Acid Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Table 21:Lead-Acid Batteries SWOT
Chart 6: Global Grid Battery Energy Storage Technologies Capacity Additions Forecast 2013-2025 (MW)
Flow Batteries Grid Battery Energy Storage Sub-Market
Table 22: Flow Batteries Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Chart 7: Flow Batteries Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Table 23: Flow Batteries SWOT
Chart 8: Global Grid Battery Energy Storage Technologies Capacity Additions Forecast 2013-2025 (MW)
Sodium-Based Grid Battery Energy Storage Sub-Market
Table 24: Sodium-Based Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Chart 9: Sodium-Based Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Table 25: Sodium-Based (NaS) Batteries SWOT
Chart 10: Global Grid Battery Energy Storage Technologies Capacity Additions Forecast 2013-2025 (MW)
Other Grid Battery Energy Storage Sub-Market
Table 26: Other Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Chart 11: Other Grid Battery Energy Storage Sub-Market Forecast 2011-2025 ($m, AGR %)
Chart 12: Global Grid Battery Energy Storage Technologies Capacity Additions Forecast 2013-2025 (MW)
Drivers & Restraints of the Grid Battery Energy Storage Technologies Market
Drivers of the Grid Battery Energy Storage Technologies Market
Rising Energy Prices Indirectly Incentivise Grid Scale Battery Storage
Figure 24: U.S Residential Retail Electricity Price, 1960-2014 (USc/kW)
Investments in Research, Development and Demonstration Projects
Importance of Renewable Energy Integration
Smart Grids and Distributed Power Generation Systems
How Expanding Electricity Demand Can Drive Demand of Grid Scale Battery Storage
The Developing Electric Vehicle Market as a Growth Factor
The Role of Changing National Policies Towards Energy Storage
The Potential of Deregulating the Electric Utility Markets
Grid benefits
Load Levelling
Figure 25: Stylized Representation of a Daily Load Curve
Capacity Factor/Dispatch for Intermittent Renewables
Peaking Power Support
Offset of Needed Peaking Power Generation Capacity
Offset of Needed Renewable Generation Capacity
Economic Benefits
Energy Arbitrage
Investment Deferral
Renewable Energy Dispatch and Timing Benefits (ability to meet Renewable Energy targets, etc.)
Figure 26: Renewable Offsetting Example,
Restraints of the Grid Battery Energy Storage Technologies Market
The Long-Standing Constraint of High Capital Costs of Grid Scale Battery Storage
The Policy and Regulatory Challenges Ahead
How Conservatism in the Utility Industry May Hinder Growth
The Need for Large-Scale Demonstration Projects
Competition From Other Energy Storage Technologies in the Market
Environmental Concerns
Energy Loss During Storage
Economic Risk
Regional Grid Battery Energy Storage Technologies Market Outlook
Table 27: Regional Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 13: Regional Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
U.S Grid Battery Energy Storage Technologies Market Outlook
Table 28: U.S. Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 14: U.S. Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
German Grid Battery Energy Storage Technologies Market Outlook
Table 29: German Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 15: German Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Canadian Grid Battery Energy Storage Technologies Market Outlook
Table 30: Canadian Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 16: Canadian Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chinese Grid Battery Energy Storage Technologies Market Outlook
Table 31: Chinese Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 17: Chinese Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Japanese Grid Battery Energy Storage Technologies Market Outlook
Table 32: Japanese Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 18: Japanese Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Spanish Grid Battery Energy Storage Technologies Market Outlook
Table 33: Spanish Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 19: Spanish Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Italian Grid Battery Energy Storage Technologies Market Outlook
Table 34: Italian Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 20: Italian Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
French Grid Battery Energy Storage Technologies Market Outlook
Table 35: French Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 21: French Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
United Kingdom Grid Battery Energy Storage Technologies Market Outlook
Table 36: United Kingdom Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 22: United Kingdom Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
South Korean Grid Battery Energy Storage Technologies Market Outlook
Table 37: South Korean Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 23: South Korean Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Australian Grid Battery Energy Storage Technologies Market Outlook
Table 38: Australian Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 24: Australian Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Table 39: Selected Australian Energy Storage Facilities
Rest of the World Grid Battery Energy Storage Technologies Market Outlook
Table 40: RoW Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Chart 25: RoW Grid Battery Energy Storage Technologies Market Forecast 2011-2025 ($m, AGR %)
Regulatory Developments
United States Regulatory Support and Incentives
Federal
U.S. Internal Revenue Service
Renewable Electricity Production Tax Credit
Table 41: Renewable Electricity Production Tax Credit: In-service deadline 2014 (¢/kWh)
Figure 26: Impact of production tax credit expiration and extension on U.S. annual installed wind capacity
Qualifying Advanced Energy Manufacturing Investment Tax Credit
Clean Renewable Energy Bonds
Qualified Energy Conservation Bonds
U.S. Department of the Treasury
Renewable Energy Grants
U.S. Department of Energy
Green Power Purchasing Goal
Loan Guarantee Program
Innovative Technology Loan Guarantee Program
Temporary Loan Guarantee Program
Smart Grid Investment Grant Program
International Regulatory Support and Incentives: Europe
European Union
EU Climate and Energy Package: Renewable Energy Targets
An Energy Policy for Europe
European Council Action Plan (2007–2009) Energy Policy for Europe
Seventh Framework Program for Research and Technological Development
Table 42: Energy Research Under EU initiatives
International Regulatory Support and Incentives: Asia-Pacific
Australia
Renewable Energy Target
Clean Energy Program
China
Preferential Tax Policies for Renewable Energy
Medium- and Long-Term Development Plan for Renewable Energy
Wind Power Concession Programme
India
Renewable Energy Certificates System
Indonesia
National Energy Blueprint
Japan
Strategic Energy Plan (2014)
Basic Energy Plan (2014)
New Zealand
Marine Energy Deployment Fund
Thailand
Strategic Plan for Renewable Energy Development
Industry Trends And Developments
Market Overview
Vendor Market Space
Figure 27: Energy Storage Vendor Organisation
Figure 28: Energy Storage Vendor Organisation
Figure 29: U.S. Solar and Storage Vendor Market Space
COMPANY PROFILES
Leading Venders Grid Scale Battery Storage Companies
BYD Co. Ltd
GE Energy Storage
NGK Insulators Ltd.
Samsung SDI Co. Ltd.
Sumitomo Electric Industries, Ltd
Other Leading Manufacturers & Supply Companies in the Grid Scale Battery industry
A123 Energy Solutions LLC
ABB Ltd.
Advanced MicroGrid Solutions, Inc.
AES Energy Storage LLC
Alevo Group
Ambri Inc
American Vanadium Corp.
Amprius Inc.
Aquion Energy, Inc.
Automotive Energy Supply Corporation (AESC)
Axion Power International, Inc.
BrightSource Energy, Inc.,
Bosch Group
Boston-Power Inc,
Chulan Group
Coda Energy Holdings LLC
Cobasys LLC
Demand Energy
Dyna Power Corporation
Duke Energy Corporation
Ecoult
Electrovaya Inc.,
EnerVault Corporation
Envia Systems, Inc.
EOS Energy Storage
FIAMM S.p.A.
Furukawa Battery Co., Ltd.
Gildemeister Energy Solutions
Green Charge Networks, LLC
Greensmith Inc.
GS Yuasa Corporation
Hokkaido Electric Power Company
Imergy Power Systems
JLM Energy Inc.
Johnson Controls, Inc.
LG Chem Ltd
Lithium Energy Japan (LEJ)
Mitsubishi Heavy Industries, Ltd. (MHI)
NEC Energy Solutions Inc.
Outback Power Systems, Inc.
Panasonic Corporation
Pellion Technologies
Primus Power Corporation
Prudent Energy Inc.
QuantumScape Corporation
RedFlow Energy Storage Solutions
Renewable Energy Systems Americas Inc. (RES America)
S&C Electric Company Inc.
Saft Groupe S.A.
Sakti3, Inc.
Seeo, Inc.
Sharp Corporation
SK Continental E-motion Korea Co., Ltd.
Siemens Energy
SolarCity Corporation
Solar Grid Storage
Sonnenbatterie GmbH
Spider9 Inc
Stem Inc.
Sunverge Energy, Inc.
Tesla Motors, Inc.
TesVolt GMBH
Tianjin Lishen Battery Co., Ltd.
Toshiba
UET (UniEnergy Technologies)
ViZn Energy Systems, Inc.
Xcel Energy Inc.,
Younicos, Inc
ZBB Energy Corporation
Conclusions
Glossary Of Terms
Methodology
How We Generate Our Industry Forecasts
Disclaimer
Appendix A
Appendix B
