Energy storage is a vital component of the Smart Grids that are currently
being built around the world. These grids are designed to improve the
reliability of electricity transmission and distribution, facilitate the
integration of renewable energy generators, and allow long-distance trading of
electricity supplies. All of these functions require the grid to offer
buffers where electricity can be stored locally.
However, for the most part the technologies up to this task have not been
available. To the extent that grids have incorporated storage it has either
been through the use of conventional batteries originally targeted towards the
automotive industry and which are not optimal for grid storage or through
major engineering projects such as compressed air storage which are impossible
to replicate generally.
As a result of all this, NanoMarkets believes there are exciting opportunities
for manufacturers of batteries and supercapacitors that target emerging
applications in the Smart Grid. In 2009, NanoMarkets was one of the first
industry analyst firms to identify and quantify these opportunities in a
groundbreaking technology. With almost four years of product development and
grid deployment behind us, NanoMarkets is releasing this report, which is
designed to show where money will be made in grid batteries and supercaps over
the next eight years.
While we believe that this report will become required reading for battery and
supercapacitor firms, this report also spells out the potential for materials
companies and specialty chemical firms who NanoMarkets believes will find
considerable new business potential supplying advanced materials - especially
nanomaterials -- for newer forms of grid storage. In addition, NanoMarkets
believes that this report will be of considerable use to utilities and other
firms directly involved in the Smart Grid business, since it will show them
how the next-generation of batteries and supercaps for Smart Grids will help
to enable Smart Grid deployment.
This new report from NanoMarkets reviews the latest applications for grid
storage and shows where money can be made in the near-to-medium term future by
supplying the batteries and supercapacitors that will meet the coming storage
requirements of the grid.
This report provides granular eight-year forecasts of chemical batteries and
supercapacitors in both volume shipments and market value, with breakouts by
technology type, application, and regions supplied. In addition, this report
provides detailed assessments of the strategies being utilized by leading
firms active in this space.