Press Release

Utility-Scale Energy Storage Challenges FERC

September 6th, 2010

Global Information Inc. would like to present a new market research report, "Energy Storage Technologies in Utility Markets Worldwide" by SBI Energy (aka Specialist In Business Information).

Energy storage (ES) technologies offer numerous financial benefits within electrical generation, transmission, and distribution systems. With the incorporation of energy storage into the grid, the utility sector and customers can expect reduced financial losses due to outages and poor power quality. Energy storage solutions can improve the efficiency of, and thus reduce the costs associated with, load following, frequency regulation and provision of reserves. They can also improve the return on renewable energy generation investments, enable profitable power market arbitrage, enable the deferral of electric infrastructure investments, and reduce end-user electricity costs.

Established energy services pricing, however, is at odds with ES capabilities to provide all three services generation, transmission and distribution. FERC, the Federal Energy Regulatory Commission, is responsible for policy development and rate rulings. Concern that ES may double-dip recovery of infrastructure costs by utilities is being weighed.

The new market research report reviews the market for energy storage technologies applied in the global utility sector. The report examines opportunities for energy storage systems to beneficially impact the generation, distribution, and transmission of electricity. Front-running energy storage technologies for such applications are discussed. Specific applications in the utility sector and their benefits to value chain participants, including end-users, are highlighted. The report also quantifies the historic, current, and projected market size for various energy storage technologies in the utility sector. Profiles of key suppliers of energy storage technologies are also included.

Market history 2005-2009 and market forecast 2010-2014 support analysis of leveraging energy storage solutions within the utility sectors; review of the electric grid and its operations, identification of opportunities for energy storage solutions, and description of applications and potential benefits of energy storage to electricity generators, transmission and distribution operators, ancillary service providers, wholesale traders and end consumers.

Global Information Inc.(GII) - specializing in market research provision for the vertical industries, GII offers expert independent recommendations of publications from hundreds of the globe's leading market research firms.

Product Code : 125954