28 May '13, 6pm

Batteries for Grid-Scale Energy Storage: It's All About Networking

Batteries for Grid-Scale Energy Storage: It's All About Networking

A pair of analyst reports this week attach some numbers to the potential market for grid-scale energy storage using battery technologies, and why getting there will depend upon individual companies tying up with the right partners. Market research firm ASD projects grid-scale battery storage will rise to a $1.17 billion market this year , largely thanks to increased need for more flexible and efficient grid systems to handle intermittent power from renewable sources. Meanwhile, Lux Research predicts grid-scale energy storage will surge from a $200 million market in 2012 to roughly $10.4 billion in 2017 . Energy storage can improve the efficiency and optimize the infrastructure of electricity transmission systems, which were originally designed for more centralized power generation and are now straining to handle increased incorporation of more dispersed and intermittent re...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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