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  • nygogo nygogo Sep 1, 2012 2:21 AM Flag

    Report examines global energy storage markets

    August 16, 2012 by Steven Bushong  
    Filed under Business issues, Financing, Wind Power News, Wind Power Software
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    The increasing volatility in the world’s electricity grids, driven by the growing demand for electrical products and rising levels of intermittent renewable energy, has created an arena in which energy storage technologies can thrive. Companies and nations wishing to improve the efficiency of electricity transfer are increasingly turning to energy storage technologies to better electricity networks. The latest energy report from ASDReports, “The Energy Storage Technologies Market 2012-2022,” examines this sector and its future. The market research firm’s report has determined the global energy storage technologies market for utility applications to be worth $1.66 billion in 2012.

    This is a sample chart from the ASDReports analysis on the future of global energy storage markets.
    The $2,642 report contains 173 tables, charts, and graphs that add visual analysis to explain developing trends. The report provides forecasts for the next 10 years in terms of capital expenditure. In addition, 11 national energy-storage technologies markets are forecast and analyzed over the same period, along with other countries. Seven individual energy storage technologies are separately forecast showing which industries are anticipated to see the strongest growth.
    The report provides profiles of 62 leading companies operating within the market, and includes 3 interviews with experts from principal companies working in the energy-storage market.

    Sentiment: Strong Buy