GLEN ALLEN, USA: The market for battery and supercapacitor storage systems for Smart Grid applications will grow from $1.5 billion in 2012 to $8.3 billion in 2016, according to a new report from NanoMarkets.
Key insights:
* NanoMarkets believes that new battery technologies will be needed to meet the demanding storage requirements of the Smart Grid and that lead carbon, Sodium Sulfur (NaS) and flow battery technology will take a growing share of Smart Grid storage applications.
Flow batteries show especial promise and NanoMarkets believes that revenues from these type of batteries will reach $510 million by 2016. Another technology that should be fully commercialized in a five-to-eight-year timeframe is the ultrabattery which is an advanced lead acid battery that integrates supercapacitor technology.
* NanoMarkets' report says that initially current UPS strategies for retail electrical supply will be extended for use in peak shaving applications. The second major growth area for Smart Grid storage will emerge to provide grid stability for intermittent generating sources -- primarily on-grid wind and solar.
Battery-based grid storage will also be a key requirement for microgrids for regions that currently lack reliable grid infrastructure as well as for military support applications.
* Current national and international goals for alternative energy deployment will not be met without extensive new storage capability installed in national grids. Without such installation the required grid stability and peaking shifting capability needed to meet these goals cannot be attained.
* NanoMarkets believes that supercapacitor demand from the Smart Grid will reach $1.1 billion by 2016. Because of their fast discharge rate and low maintenance, the demand for supercapacitors will find their most extensive in frequency regulation applications.
The other area where significant growth for supercapacitors is expected is in regenerative braking for grid-connected light rail systems.
Showing posts with label batteries. Show all posts
Showing posts with label batteries. Show all posts
Friday, July 31, 2009
NanoMarkets' report on batteries and supercapacitors for smart grid
GLEN ALLEN, USA: The market for battery and supercapacitor storage systems for Smart Grid applications will grow from $1.5 billion in 2012 to $8.3 billion in 2016, according to a new report from NanoMarkets, an industry analyst firm based here. Additional details about the report, Batteries and Ultra-Capacitors for the Smart Power Grid: Market Opportunities 2009-2016 can be found on the firm's website.
Key insights:
* NanoMarkets believes that new battery technologies will be needed to meet the demanding storage requirements of the Smart Grid and that lead carbon, Sodium Sulfur (NaS) and flow battery technology will take a growing share of Smart Grid storage applications.
Flow batteries show especial promise and NanoMarkets believes that revenues from these type of batteries will reach $510 million by 2016. Another technology that should be fully commercialized in a five-to-eight-year timeframe is the ultrabattery which is an advanced lead acid battery that integrates supercapacitor technology.
* NanoMarkets' report says that initially current UPS strategies for retail electrical supply will be extended for use in peak shaving applications. The second major growth area for Smart Grid storage will emerge to provide grid stability for intermittent generating sources -- primarily on-grid wind and solar.
Battery-based grid storage will also be a key requirement for microgrids for regions that currently lack reliable grid infrastructure as well as for military support applications.
* Current national and international goals for alternative energy deployment will not be met without extensive new storage capability installed in national grids. Without such installation the required grid stability and peaking shifting capability needed to meet these goals cannot be attained.
NanoMarkets believes that supercapacitor demand from the Smart Grid will reach $1.1 billion by 2016.
Because of their fast discharge rate and low maintenance, the demand for supercapacitors will find their most extensive in frequency regulation applications. The other area where significant growth for supercapacitors is expected is in regenerative braking for grid-connected light rail systems.
Key insights:
* NanoMarkets believes that new battery technologies will be needed to meet the demanding storage requirements of the Smart Grid and that lead carbon, Sodium Sulfur (NaS) and flow battery technology will take a growing share of Smart Grid storage applications.
Flow batteries show especial promise and NanoMarkets believes that revenues from these type of batteries will reach $510 million by 2016. Another technology that should be fully commercialized in a five-to-eight-year timeframe is the ultrabattery which is an advanced lead acid battery that integrates supercapacitor technology.
* NanoMarkets' report says that initially current UPS strategies for retail electrical supply will be extended for use in peak shaving applications. The second major growth area for Smart Grid storage will emerge to provide grid stability for intermittent generating sources -- primarily on-grid wind and solar.
Battery-based grid storage will also be a key requirement for microgrids for regions that currently lack reliable grid infrastructure as well as for military support applications.
* Current national and international goals for alternative energy deployment will not be met without extensive new storage capability installed in national grids. Without such installation the required grid stability and peaking shifting capability needed to meet these goals cannot be attained.
NanoMarkets believes that supercapacitor demand from the Smart Grid will reach $1.1 billion by 2016.
Because of their fast discharge rate and low maintenance, the demand for supercapacitors will find their most extensive in frequency regulation applications. The other area where significant growth for supercapacitors is expected is in regenerative braking for grid-connected light rail systems.
Friday, July 3, 2009
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.
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.
Thursday, April 30, 2009
Comprehensive report on TFPV and batteries 2009-2029
DUBLIN, IRELAND: Research and Markets has announced the addition of the "Thin Film Photovoltaics and Batteries 2009-2029" report to its offering.
This comprehensive report, updated and revised in March 2009 to take into account the global economic situation, gives a thorough analysis of printed and thin film photovoltaics and batteries, with 10 year forecasts to 2019. Included are detailed profiles of 48 companies working on the many different types of technologies.
The report covers companies, research institutes and universities that are active in developing and commercializing thin film technologies for photovoltaics and batteries. Photovoltaic technologies covered include CIGS, CdTe, DSSC, a-Si and organic photovoltaics. Learn how these technologies (each at a different stage of development and adoption) are driven forward by both government and leading companies in the field.
The report also describes materials (both organic and inorganic) and device structures as well as various high-speed printing technologies employed.
IDTechEx find that the market for thin film inorganic photovoltaic technologies beyond crystalline silicon will reach at least $20 billion in 2014. The global solar energy market is expected to reach $34 billion in 2010 and $100 billion in 2050 and most of that latter figure is expected to be achieved by non-silicon photovoltaics.
This report provides a comprehensive list of key companies that are active in each of the TFPV and battery technologies. Compiled and analyzed by Dr Harry Zervos, technology analyst with IDTechEx, company profiles are given along with 20 year forecasts for the growth of the market share of these technologies. Dr Bruce Kahn, consultant and academic, gives a thorough analysis of the science and technology behind thin film photovoltaics and batteries, as well as a comparison of different high-speed printing techniques.
New technologies emerging
Silicon photocells are seen in many places, but the technology is limited. Crystalline silicon will never give tightly rollable devices let alone transparent ones or even low cost power generation on flexible substrates.
Fortunately there are many new alternatives. Proprietary nano-particle silicon printing processes are developed by companies such as Innovalight and Kovio and it promises many of the photovoltaic features that conventional silicon can never achieve. It can be printed reel to reel on stainless steel or other high temperature substrates.
However, most of the work on the next generation of photovoltaics is directed at printing onto low cost flexible polymer film and ultimately on common packaging materials.
Several companies, universities and research institutes are hard at work in different development stages of these technologies with large scale plants being built across the globe.
This comprehensive report, updated and revised in March 2009 to take into account the global economic situation, gives a thorough analysis of printed and thin film photovoltaics and batteries, with 10 year forecasts to 2019. Included are detailed profiles of 48 companies working on the many different types of technologies.
The report covers companies, research institutes and universities that are active in developing and commercializing thin film technologies for photovoltaics and batteries. Photovoltaic technologies covered include CIGS, CdTe, DSSC, a-Si and organic photovoltaics. Learn how these technologies (each at a different stage of development and adoption) are driven forward by both government and leading companies in the field.
The report also describes materials (both organic and inorganic) and device structures as well as various high-speed printing technologies employed.
IDTechEx find that the market for thin film inorganic photovoltaic technologies beyond crystalline silicon will reach at least $20 billion in 2014. The global solar energy market is expected to reach $34 billion in 2010 and $100 billion in 2050 and most of that latter figure is expected to be achieved by non-silicon photovoltaics.
This report provides a comprehensive list of key companies that are active in each of the TFPV and battery technologies. Compiled and analyzed by Dr Harry Zervos, technology analyst with IDTechEx, company profiles are given along with 20 year forecasts for the growth of the market share of these technologies. Dr Bruce Kahn, consultant and academic, gives a thorough analysis of the science and technology behind thin film photovoltaics and batteries, as well as a comparison of different high-speed printing techniques.
New technologies emerging
Silicon photocells are seen in many places, but the technology is limited. Crystalline silicon will never give tightly rollable devices let alone transparent ones or even low cost power generation on flexible substrates.
Fortunately there are many new alternatives. Proprietary nano-particle silicon printing processes are developed by companies such as Innovalight and Kovio and it promises many of the photovoltaic features that conventional silicon can never achieve. It can be printed reel to reel on stainless steel or other high temperature substrates.
However, most of the work on the next generation of photovoltaics is directed at printing onto low cost flexible polymer film and ultimately on common packaging materials.
Several companies, universities and research institutes are hard at work in different development stages of these technologies with large scale plants being built across the globe.
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