Scale Energy Storage Technologies Market, 2030 – Research and Markets

DUBLIN, May 15, 2017 /PRNewswire/ — Research and Markets has announced the addition of the “Grid Scale Energy Storage Technologies Market, 2017-2030” report to their offering.

The Grid Scale Energy Storage Technologies Market, 2017-2030 report provides a comprehensive analysis of the current market landscape and a detailed future outlook of the large scale energy storage technologies. The study highlights various energy storage technologies that are currently commercially available or are under development.


It is predicted that the global economy will increase by three-folds between now and 2050. This, in turn, is likely to result in increased energy demands. According to Enerdata Energy Statistical Yearbook 2016, electricity demand has more than doubled between 1990 and 2015 to reach 20,568 TWh. This demand is projected to grow even further; in fact, by 2035, the growth is expected to be in the range of 69% to 81%.

As the global economy aims for energy security, renewable energy sources such as solar and wind are expected to hold a key position in the future. However, a major constraint with such renewable sources is that energy is generated with a highly variable output in an intermittent manner. Therefore, the surplus energy is required to be stored so that it can be supplied during non-optimal generation periods such as at night time or when the wind is not blowing. Storage at a large scale has remained a major challenge; however, several developments have taken place in this domain and efforts are being made towards their feasible commercial deployments.

These technologies can be classified as mechanical energy storage, chemical energy storage, electrochemical energy storage, thermal energy storage or electromagnetic energy storage technologies. The industry has long revolved around pumped hydro energy storage, which currently contributes close to 95% of the global energy storage capacity. However, several geographical and environmental constraints associated with it are likely to limit its growth in the long term. As a result, stakeholders have developed/are developing novel energy storage technologies to overcome the limitations of conventional systems. The primary focus of this study is on these novel/upcoming energy storage technologies, including different types of battery storage, compressed air energy storage, concentrated solar power/molten salt energy storage, flywheel energy storage and power-to-gas energy storage.

The study provides a holistic coverage of the developments that are impacting the current energy storage setup and are likely to drive significant changes in energy management approaches in the long term. We were able to identify close to 170 energy storage technologies (excluding PHES) segmented across aforementioned categories.

In addition to other elements, the study elaborates on the following:

– The current status of the market with respect to key players/technologies along with information on rated power, energy, duration/discharge time of the technologies and geographical location of the companies.
– Comprehensive profiles of some of the upcoming players under each energy storage category, covering details on the current focus of the companies, their specific energy storage technologies and associated recent developments/initiatives.
– Various investments and grants received by companies focused in this area to support their R&D activities, a key enabler that will continue to drive developments in the long term. In addition, respective governments have taken encouraging policy decisions, which have provided positive outlook to the energy storage industry.
– A case study on pumped hydro energy storage, where we have provided information on the plants that are currently operational as well as the ones expected to be operational in the near future. In addition, we have highlighted the historical trends that are likely to govern the future evolution.
– Key drivers and restraints for the growth of the grid scale energy storage market. Factors such as rising adoption of renewable energy sources, limitations of conventional energy storage systems and high electricity charges are likely to fuel the demand of energy storage systems.
– Potential future growth of the grid scale energy storage market (both in terms of installed capacity and expected revenue generation) across different technologies (CSP/molten salt energy storage, compressed air energy storage, lithium-ion batteries, lead acid batteries, flow batteries, flywheel energy storage, power-to-gas energy storage and other upcoming technologies). We have taken into account the levelized cost of energy storage to determine revenues for different energy storage technologies. The report covers forecast (till 2030) for the global as well as specific regional markets (North America, Europe, Asia and Rest of World) in terms of installed capacity. It also includes individual forecasts on the installed capacity in specific countries, including the US, France, Germany, Italy, Spain, the UK, Ireland, China, India, Japan, South Africa, South Korea, Chile and Morocco, that are poised to witness healthy growth in the short-midterm and long term.

Key Topics Covered:

1. Preface

2. Executive Summary

3. Introduction

4. Current Market Landscape

5. Key Market Drivers And Restraints

6. Mechanical Energy Storage Technologies

7. Chemical Energy Storage Technologies

8. Electrochemical Energy Storage Technologies

9. Thermal Energy Storage Technologies

10. Other Energy Storage Technologies

11. Case In Point: Pumped Hydro Energy Storage

12. Capital Investments And Funding

13. Market Forecast

14. Interview Transcripts

15. Conclusion

16. Appendix 1: Tabulated Data

17. Appendix 2: List Of Companies And Organizations

  • 3M Company
  • A123 Systems
  • ABB
  • ACCIONA Energy
  • AES Energy Storage
  • ANDRITZ HYDRO
  • ARES
  • Aabar Investments
  • Abengoa Solar
  • Acta
  • Active Power
  • Advanced Emission Solutions (ADES)
  • Advanced Technology Ventures (ATV)
  • Aegis Capital
  • African Development Bank
  • Air Liquide
  • Airlight Energy
  • Alacaes
  • Alberta Innovates Energy and Environment Solutions (AI-EES)
  • Albufera Energy Storage
  • Alevo
  • Alliance Bernstein
  • Alliance Capital Management
  • Almi Invest
  • Alstom
  • Altair Nanotechnologies
  • Altenergy
  • Amber Kinetics
  • American BIRD Foundation
  • American Electric Power
  • American Hydro Corporation
  • Amperex Technology
  • Angeleno Group
  • Anglo American Platinum
  • Aquion Energy
  • ArcTern Ventures
  • Arenko Cleantech
  • Areva
  • Argonne National Laboratory
  • Ashlawn Energy
  • Asia Climate Partners
  • Aspire Capital Fund
  • AusIndustry
  • Australian Federal Government Advanced Electricity Storage Technologies
  • Autodesk
  • Axion Power
  • BBC
  • BMO Capital Markets and Scotiabank
  • BNP Paribas
  • BP Alternative Energy
  • BP Technology Ventures
  • BP Ventures
  • BYD
  • Banesto
  • Bankinvest Group
  • BattCo Energy Storage Systems
  • BeVault
  • Beacon Power
  • Beckett Energy Systems
  • Black River
  • BlueRun Ventures
  • Bosch Energy Storage Solutions
  • Boston-Power
  • Bright Capital
  • Bright Energy Storage
  • BrightSource Energy
  • Brock Capital Group
  • CIBC
  • CIT Financial
  • CKD
  • CMEA Ventures
  • CODA Energy
  • Caja Madrid
  • CalBatt
  • CalSTRS
  • Caliza Holding
  • Calmac
  • Calyon
  • Canaan Partners
  • CapX Partners
  • Capital One
  • Capricorn Investment Group
  • Carlyle Group
  • Carruth Management
  • CentrePoint Ventures
  • Chevron Technology Ventures
  • China Aviation Lithium Battery
  • China Southern Power Grid (CSG)
  • Chrysalix Energy Venture Capital
  • Citi Alternative Investments
  • Climate Change and Water
  • Compass Venture Partners
  • Conoco Phillips
  • Constellation Technology Ventures
  • Credit Suisse’s Customized Fund Investment Group
  • Cumulus Energy Storage
  • DBL Partners
  • DFJ Ventures
  • DNS Capital
  • DaimlerChrysler Venture
  • Danfoss
  • Danish Maritime Fund
  • Davidson Investments
  • Detroit Edison
  • Deutshe Bank
  • Development Bank of South Africa
  • Dexia Sabadell
  • Dominion Generation
  • Dongfang Electrical Machinery
  • Doosan
  • Dresser-Rand
  • Dynapower
  • E.ON
  • EATON
  • EC Power
  • EV Grid
  • Eagle Picher
  • Ecoult
  • Electrochaea
  • Electrovaya
  • Element 8
  • Element Partners
  • Emerging Power
  • EnStorage
  • EnSync Energy Systems
  • Enbridge Emerging Technology
  • Encell
  • Enel
  • EnerDel
  • EnerSys
  • EnerVault
  • Energinet.dk
  • Energy Capital Partners
  • Energy Made Clean
  • Energy Renaissance
  • Energy Storage
  • Energy Storage Systems
  • Energy Storage and Power Corporation
  • Energy Technologies Institute
  • EnergyNest
  • Eos Energy Storage
  • Escher-Wyss
  • Espirito Santo Ventures
  • Exelon
  • Exide
  • FA Technology Ventures
  • FIAMM
  • FRENELL
  • First Solar
  • Fisher Brothers
  • Fjord Capital Partners
  • Flexible Capital Fund
  • Fluidic Energy
  • Focus First
  • Foundation Asset Management
  • Foundation Capital
  • Furukawa Electric
  • GAIA Akkumulatorenwerke
  • GCL-Poly Energy Holdings
  • GRP Partners
  • GS Yuasa
  • GSR Ventures
  • GXP Investments
  • Gabriel Venture Partners
  • General Compression
  • General Electric (GE)
  • Generate Capital
  • Gentry Venture Partners
  • German Federal Ministry for Environment
  • Gildemeister Energy Solutions
  • Goldman Sachs
  • Good Energies
  • Google
  • Granite Global Venture
  • Graphite Energy
  • Green Charge
  • Greener Capital
  • Greensmith Energy
  • Greylock Partners
  • Gridflex Energy
  • Grupo ECOS
  • H2
  • H2 Energy Now
  • HOPPECKE
  • Harbin Electric Machinery
  • Hawaiian Electric and Energy Excelerator
  • Heatric
  • Hercules Capital
  • Highview Power Storage
  • Hitachi
  • Horizon
  • Hydroenergo
  • Hydrogen Technologies
  • Hydrogenics
  • Hydrostor
  • I2BF Global Ventures
  • IDEAS Managed Fund
  • ING
  • ITM Power
  • Iberdrola
  • Imperial Innovations
  • Indiana Advanced Energy Technologies Program (AETP)
  • Industrial Development Corporation
  • Innovacorp
  • Innovate UK
  • International Finance Corporation
  • Interros
  • Intikon Energy
  • Invesco Perpetual
  • Ioxus
  • Isentropic
  • JLM Energy
  • JP Morgan
  • K Road DG
  • KEMA-DNV
  • Kensani Capital Investments
  • Keuka Energy
  • KfW
  • Khosla Ventures
  • KiWi Power
  • Kleiner Perkins Caufield & Byers
  • Kokam
  • Kværner
  • LG Chem
  • Ladenburg Thalmann
  • Ladesbank
  • Laurentian Bank of Canada
  • Leclanché
  • Liberty Interactive Corporation
  • LightSail Energy
  • Linde Group
  • Lithiumstart
  • Lockheed Martin
  • Loudwater Investment Partners
  • MDB Capital Group
  • MaRS Catalyst Fund
  • Magellan Power
  • Magnum Energy
  • Masood Energy
  • Massachusetts Department of Energy Resources (DOER)
  • Massachusetts Institute of Technology (MIT)
  • Maxwell Technologies
  • Meineng Energy
  • Melco
  • Metalcraft
  • Microsoft
  • Mithril Capital Management
  • Mitsubishi Heavy Industries (MHI)
  • Mitsui Global Investment
  • Mizuho Corporate Bank
  • Morgan Stanley
  • Motorola Solutions
  • Munich Venture Partners
  • NEC Energy Solutions
  • NGK Insulators
  • NH3 Canada
  • NRG Energy
  • NSW Department of Environment
  • National Bank of Abu Dhabi
  • Natixis
  • Nature Conservation and Nuclear Safety
  • Nazarian Enterprises
  • Nedbank
  • Nesscap
  • Nevada Bureau of Land Management (BLM)
  • New Enterprise Associates
  • New York State Energy Research and Development Authority
  • Nexeon
  • Neyrpic
  • Nidec
  • Nidus Partners
  • Nilar
  • Nordeutsche Landesbank
  • Norilsk Nickel
  • North Bridge Venture Partners
  • Northern Reliability
  • Northwater Intellectual Property Fund
  • Norwegian Research Council
  • Novatec Solar
  • Novus
  • OCI
  • ORIX Corporation
  • Oak Investment Partners
  • Oceanshore Ventures
  • OnPoint
  • Ontario Ministry of Energy
  • Overseas Private Investment Corporation (OPIC)
  • Oxis Energy
  • PCG Clean Energy & Technology Fund
  • Pacific Gas and Electric Company (PG&E)
  • Panasonic
  • Pangaea Ventures
  • Pathion
  • Pellion Technologies
  • Plug Power
  • Portland Seed Fund
  • Power-to-Gas Hungary
  • Powerthru
  • Powin Energy
  • Primus Power
  • Pro-Power
  • Procter & Gamble
  • QINOUS
  • Qualcomm
  • Quantum Energy Storage
  • RBS Business Capital
  • RES Group
  • RWE Supply & Trading
  • Rand Merchant Bank
  • Raymond James
  • RedT Energy Storage
  • Redflow Energy Storage Solutions
  • Rocky Mountain Power
  • Rodman & Renshaw
  • Rongke Power
  • S&C Electric Company
  • S4 Energy
  • STORNETIC
  • SUSI Partners
  • Saft
  • Sail Ventures
  • Samsung
  • Samsung SDI
  • Sand Hill Angels
  • Sandia National Laboratories
  • Santander
  • Sasol New Energy
  • Schneider Electric
  • Scotia
  • Second Avenue Partners
  • Seeo
  • Sequoia Capital
  • Shell Technology Ventures
  • Siemens
  • Sigma Energy Storage
  • Silicon Valley Bank
  • Sirius Venture Partners
  • Skoda
  • Smart Future Lab
  • Société Générale
  • Solar Age Investments
  • SolarReserve
  • Solutronic
  • Sony Energy
  • Stag Energy
  • Starwood Energy Group Global
  • Statoil Energy Ventures
  • Stephens
  • Sumitomo Electric
  • Sumitomo Mitsui Banking Corporation
  • Sun Xtender
  • Sunrise CSP
  • SuperPower
  • Superconductor Technologies
  • SustainX
  • Sustainable Development Investments (SDI)
  • Swedish Energy Agency
  • Sycamore Ventures
  • Sylfen
  • TDK Corporation
  • TEL Venture Capital
  • TIAA-CREF
  • TIP Capital
  • Tao Invest
  • Technical University of Munich (TUM)
  • Tekes
  • Temporal Power
  • Teraloop
  • Terrafore Technologies
  • Tesla Motors
  • The BOC Group
  • The Bank of Tokyo-Mitsubishi
  • The European Investment Bank (EIB)
  • The P.E.A.C.E. Foundation
  • The Public Investment Corporation (PIC)
  • Torresol Energy
  • Toshiba
  • Total Energy Ventures
  • Total SA
  • Trinity Capital Investment
  • TriplePoint Capital
  • UBI Banca
  • US Department of Energy (US DOE)
  • US Invest
  • US Renewables Group
  • Ultralife Corporation
  • UniEnergy Technologies
  • Union National Bank
  • United States Advanced Battery Consortium (USABC)
  • United States Department of Defense
  • Upfront Ventures
  • Urban Electric Power
  • VA TECH
  • VRB Power Systems
  • Valor Equity Partners
  • VantagePoint Capital Partners
  • Vargas
  • Venrock Associates
  • Vermont Seed Capital Fund
  • ViZn Energy Systems
  • Vionx Energy
  • Voith
  • Warburg-Pincus
  • WattsUp Power
  • Wellington Partners
  • Wells Fargo Bank
  • WestLB
  • Wexford Capital
  • Wilson Sonsini Goodrich & Rosati
  • Woodford Investment Management
  • Wuhu Fuhai-Haoyan Venture Investment
  • XALT Energy
  • XG Sciences
  • Younicos
  • Yung’s Enterprise
  • ZAF Energy Systems
  • ZincNyx Energy Solutions

For more information about this report visit http://www.researchandmarkets.com/research/6ffk5j/grid_scale_energy

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