Utility-Scale Renewable Energy Storage: Market Research Report

February 2013 | 342 pages | ID: U94EF2EEF6DEN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Utility-Scale Renewable Energy Storage in US$ Million.

The report provides separate comprehensive analytics for the US, Europe, and Rest of World.

Annual estimates and forecasts are provided for the period 2009 through 2018.

The report profiles 63 companies including many key and niche players such as A123 Systems, LLC., Altair Nanotechnologies, Inc., American Superconductor Corporation, Axion Power International, Inc., Ballard Power Systems, Inc., Beacon Power, LLC, Encell Technology, Inc., General Compression, Inc., Maxwell Technologies, Inc., NGK Insulators, Ltd., Prudent Energy Corporation, Saft Groupe S.A., Samsung SDI Co., Ltd., and ZBB Energy Corporation.

Market data and analytics are derived from primary and secondary research.

Company profiles are primarily based upon search engine sources in the public domain.

Contents

I.INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study

II. EXECUTIVE SUMMARY

1.MARKET OVERVIEW & TRENDS

A Prelude
Why Renewable Energy Storage Can Be a Game Changer for Renewable Energy?
The Current State of Energy Storage: An Overview
Focus On Energy Efficiency to Drive Market & Technology Prospects for Energy Storage
Rising Renewable Energy Consumption to Drive Energy Storage Market
Opportunity Indicator

Table 1. World Installed Base of Wind Energy (In Megawatts) by Geographic Region for Years 2012 & 2017F (includes corresponding Graph/Chart)

Investments in Energy Storage: The Need of the Hour
Technology Developments to Drive Growth
Increasing Establishment of Solar Microgrids to Spur Growth
Growing Deployment of Smart Grids to Drive Demand
Opportunity Indicators

Table 2. World Market for Smart Grid Technologies (2012): Breakdown of Revenues in US$ Million by Geographic Region (includes corresponding Graph/Chart)

Government Intervention Critical to the Market’s Growth
Ultracapacitor Grid Storage Rises in Popularity & Storage Potential

Table 3. World Market for Ultracapacitors (2015F): Breakdown of Revenues in US$ Million for the Years 2015 by Geographic Region (includes corresponding Graph/Chart)

Large Fuel Cells for On-Grid Applications Fuel Growth in the Market

Table 4. World Market for Fuel Cells (2012): Percentage Breakdown of Dollar Sales by Cell Type (includes corresponding Graph/Chart)

Economic Scenario in the U.S & Europe and Its Impact on Their Respective Regional Markets
Impact of the Fiscal Cliff & Sequestration Cuts on the Energy Storage Market in the United States
Impact of the European Debt Crisis on the Energy Storage Market in Europe…

Table 5. European Energy Market (2012): Percentage Share Breakdown of Energy Production by Category (includes corresponding Graph/Chart)

Table 6. European Renewable Energy Market (2011): Percentage Share Breakdown of Energy Production by Type (includes corresponding Graph/Chart)

Market Outlook

2.PRODUCT OVERVIEW

Utility Scale Renewable Energy Storage: A Definition
Types of Renewable Energy Storage Technologies
Short-Term Renewable Energy Storage Technologies
Supercapacitor Energy Storage
Flywheel Energy Storage
Superconducting Magnetic Energy Storage
Long-Term Renewable Energy Storage Technologies
Pumped Hydroelectric Energy Storage
Compressed Air Energy Storage
Battery Energy Storage
Hydrogen Energy Storage
SWOT Analysis of Different Long-Term Renewable Energy Storage Technologies
Significance of Renewable Energy Storage
Minimizing Energy Costs
Ensuring Reliable Supply of Energy
Increasing Energy Autonomy
Renewable Energy: A Primer
An Introduction
Renewable Energy: A Definition
Benefits of Renewable Energy
Environmental Benefits
Economic Benefits
Energy Security
Sources of Renewable Energy
Solar Energy
Power Tower Systems
Parabolic-Trough Systems
Dish/Engine Systems
Wind Energy
Geothermal Energy
Binary Cycle Power Plants
Flash Steam Power Plants
Dry Steam Power Plants
Hydroelectric Power
Bioenergy
Hydrogen and Fuel Cells
Ocean Energy
Ocean Mechanical Energy
Ocean Thermal Energy
Disadvantages of Renewable Energy
Disadvantages of Solar Energy
Disadvantages of Wind Energy
Disadvantages of Geothermal Energy
Disadvantages of Hydroelectric Energy
Disadvantages of Ocean Energy

3.PRODUCT LAUNCHES/INTRODUCTIONS

AllCell Technologies Introduces Lithium-ion Modules
S&C Electric Deploys PureWave Storage Management System
Sunverge Energy Introduces Intelligent System for Energy Management
Powin to Roll Out Energy Storage Solution
Power-One Introduces AURORA Vision

4.RECENT INDUSTRY ACTIVITY

Wanxiang America Corporation Acquires A123 Systems
Westinghouse Solar Signs Definitive Merger Agreement with CBD Energy
W2 Energy Inks LoI to Take Over Majority Stake in Artic Solar Engineering
Altair Nanotechnologies Signs Economic Cooperation Agreement with Wu'an and Handan Cities
Phostech Lithium Establishes Battery Materials Production Facility in Quebec
TAM Ceramics and ENrG Receive Grants from NYSERDA for Clean Energy Power Systems
Arista Power Obtains Contract from US Army for Development of Intelligent Micro-Grid
Woodward Inks Definitive Agreement to Purchase Integral Drive Systems
Surrette Battery Company to Retail Lithium-Polymer Batteries of Corvus Energy
Electrovaya Obtains Contract to Develop Battery Energy Storage System
C&D Technologies Receives Renewable Energy System Development Contract from US Army
McPhy Energy Bags Order from Nottingham University to Supply Solid Hydrogen Storage Solution
BrightSource Energy Adds SolarPlus Thermal Energy Storage Capability to Purchase Agreements with Southern California Edison
City of Herten Chooses Hydrogenics for Wind-Hydrogen Energy Storage Solution
WindTamer Secures Order from PGM for Power on Demand Systems
Arista Power Secures Order from FBI Audio Technology Deployment Unit Power Sources Program
Arista Power Obtains Order for Power of Demand System from Senfry Group
Progress Energy Selects IBM for Smart Grid Program
Phillips Service Industries Takes Over Flywheel Manufacturing Business of Pentadyne
Southern California Edison Receives Stimulus Grant from US Department of Energy
Axion Power International Obtains Grant from Pennsylvania State
HNU Energy Collaborates with International Battery for Solar Power Project
Suniva Collaborates with GS Battery
SANYO Electric Group Inks Agreement with University of California
Xcel Energy Releases Preliminary Test Results for Battery-Storage Technology

5.FOCUS ON SELECT GLOBAL PLAYERS

A123 Systems, LLC. (USA)
Altair Nanotechnologies, Inc. (USA)
American Superconductor Corporation (USA)
Axion Power International, Inc. (USA)
Ballard Power Systems, Inc. (Canada)
Beacon Power, LLC (USA)
Encell Technology, Inc. (USA)
General Compression, Inc. (USA)
Maxwell Technologies, Inc. (USA)
NGK Insulators, Ltd. (Japan)
Prudent Energy Corporation (USA)
Saft Groupe S.A. (France)
Samsung SDI Co., Ltd. (South Korea)
ZBB Energy Corporation (USA)

6.GLOBAL MARKET PERSPECTIVE

Table 7. World Recent Past, Current and Future Analysis for Utility-Scale Renewable Energy Storage Technologies by Geographic Region – US, Europe, and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2018 (includes corresponding Graph/Chart)

Table 8. World 10-Year Perspective for Utility-Scale Renewable Energy Storage Technologies by Geographic Region – Percentage Breakdown of Dollar Sales for US, Europe, and Rest of World Markets for Years 2009, 2012, and 2018 (includes corresponding Graph/Chart)

III. MARKET

1.THE UNITED STATES

A. Market Analysis
  Outlook
  Product Launches
  Strategic Corporate Developments
  Key Players
B. Market Analytics

Table 9. US Recent Past, Current and Future Analysis for Utility-Scale Renewable Energy Storage Technologies with Annual Sales in US$ Million for Years 2009 through 2018 (includes corresponding Graph/Chart)

2.EUROPE

A. Market Analysis
  Outlook
  Strategic Corporate Developments
  Saft Groupe S.A. (France) – A Key Player
B. Market Analytics

Table 10. European Recent Past, Current and Future Analysis for Utility-Scale Renewable Energy Storage Technologies with Annual Sales in US$ Million for Years 2009 through 2018 (includes corresponding Graph/Chart)

3.REST OF WORLD

A. Market Analysis
  Outlook
  Strategic Corporate Developments
  Key Players
B. Market Analytics

Table 11. Rest of World Recent Past, Current and Future Analysis for Utility-Scale Renewable Energy Storage Technologies with Annual Sales in US$ Million for Years 2009 through 2018 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 63 (including Divisions/Subsidiaries - 64)
The United States (42)
Canada (5)
Japan (3)
Europe (11)
  France (4)
  Germany (1)
  The United Kingdom (1)
  Italy (2)
  Rest of Europe (3)
Asia-Pacific (Excluding Japan) (3)