NanoMarkets' free white paper on batteries and ultra capacitors for smart power grid

GLEN ALLEN, USA: NanoMarkets, a leading industry analyst firm, has announced a free white paper based on the firm's upcoming report, "Batteries and Ultra-Capacitors for the Smart Power Grid: Market Opportunities 2009-2016". The report will be released in mid July 2009.

The white paper discusses the opportunities in the Smart Grid market, as well as near-term applications and future advantages for chemical storage on the grid. To download the free White Paper please visit the firm's website.

NanoMarkets believes that chemical batteries, ultra-capacitors, and the materials from which they are built represent an exciting business opportunity that is poised to take off in the near future.

By 2016 there will be 33 GW of generating capacity on the grid from solar panels and wind farms that can swing wildly in their ability to generate electrical power at any given time. Electrical storage will be a requirement to level the load when the sun doesn't shine or the wind doesn't blow in a predictable manner.

Chemical batteries and ultra-capacitors represent complimentary pieces of the smart grid storage equation with ultra-capacitors used for smoothing short term disruptions in power quality and batteries storing current for longer term load leveling and peak shaving applications.

While other technologies such as hydro and compressed air storage will certainly be integral parts to the overall storage solution, batteries and ultra-capacitor storage represent a large attractive near term materials growth sector.

This new market study of materials for chemical batteries and ultra-capacitors for smart grid applications surveys and analyzes the markets for the various battery and ultra-capacitor types currently in use and about to enter service in smart grid applications as well as R&D developments, including those related to systems.

As with all NanoMarkets reports, this report includes a detailed eight year forecast of materials for smart grid storage applications and an in-depth discussion of key firms active in the area.