Community and Residential Energy Storage - Distributed Energy Storage Systems for Voltage Support, Frequency Regulation,Islanding, and Peak Shaving: Market Analysis and Forecasts
Community and Residential Energy Storage - Distributed Energy Storage Systems for Voltage Support, Frequency Regulation,Islanding, and Peak Shaving: Market Analysis and Forecasts
Community and residential energy storage systems are sited at the "end of the
line" on the grid. These systems are typically much smaller than utility-scale
or bulk energy storage and are either situated at the distribution transformer
or at the customer premise. Of the varied application areas for energy storage
systems, community and residential storage is one of the newest and least
understood applications. Currently, utilities, vendors, and even governments
are demonstrating community and residential energy storage systems with a goal
of understanding the value of these small, distributed systems sited at the
edge of the electrical grid. These groups are testing CRES for the purposes of
smoothing peaks in electricity demand, enabling voltage support and frequency
regulation, and providing islanding capabilities.
Although the CRES sector is still nascent, market conditions, technology
capabilities, and economics are beginning to align in a way that points to
significant growth opportunities over the coming decade. The expansion of
distributed solar photovoltaics capacity, the adoption of plug-in electric
vehicles, and the spread of dynamic pricing programs will all be key drivers
in the growth of such distributed energy storage systems. However, current
barriers to CRES include the need for further refinement of business models
for community and residential deployments, regulatory barriers related to
financial structures, and the identification of cost/benefit models for
various CRES applications.
This Pike Research report assesses the market opportunity for the utilization
of battery-based energy storage systems in community and residential
deployments. Key applications covered include voltage support, frequency
regulation, islanding, and peak shaving using lithium ion, advanced lead-acid,
and flow battery technologies. The study includes profiles and SWOT analysis
for key industry players as well as global revenue and installed capacity
forecasts, segmented by technology and region, for the period from 2012 to
2022.
Key Questions Addressed:
What are the key applications for distributed energy storage systems?
What are the market drivers and barriers for community energy storage and
how do they differ for residential energy storage?
What is the technology mix for CRES in each global region and how will it
change over time?
What regions will be the global leaders in CRES and why?
How large is the CRES market, in terms of capacity and revenue?
What are the key metrics and methodologies for analyzing CRES market
opportunities?
Who needs this report?
Energy storage technology vendors and integrators
Energy storage service providers
Battery manufacturers and component providers
Renewable energy technology providers and project developers
Renewable energy project developers
Utilities
Government agencies
Investor community
Table of Contents
Table of Contents
1. Executive Summary
1.1 Introduction
1.2 Specific Applications for CRES
1.3 CRES Technologies and Players
1.4 Drivers for CRES
1.5 Barriers to CRES
1.6 CRES Market Forecast
2. Market Issues
2.1 CRES Market Segments
2.1.1 Grid-Tied Community Energy Storage
2.1.2 Grid-Tied Residential Energy Storage
2.2 The Grid and Differences among World Regions
2.3 Pilots and Demonstrations
2.4 Market Drivers
2.4.1 Distributed Solar
2.4.2 Plug-in Vehicles
2.4.3 Other Intermittent Renewables
2.4.4 Dynamic Pricing
2.5 Market Barriers
2.5.1 Business Models
2.5.2 Utility Attitudes and Objectives
2.5.3 Consumer Attitudes
3. Markets by Region
3.1 Summary
3.2 North America
3.2.1 Energy Mix
3.2.2 Distributed Solar PV
3.2.3 Plug-in Electric Vehicles
3.2.4 Dynamic Pricing
3.2.5 Spotlight: State of California Initiatives
3.3 Europe
3.3.1 Energy Mix
3.3.2 Distributed Solar PV
3.3.3 Plug-in Electric Vehicles
3.3.4 Dynamic Pricing
3.3.5 Spotlight: CRES Opportunities in France
3.3.5.1 Distributed Solar PV
3.3.5.2 Plug-in Vehicles
3.3.5.3 Residential Electricity Pricing Schemes
3.3.6 Spotlight on CRES Opportunities: Germany
3.3.6.1 Distributed Solar PV
3.3.6.2 Plug-in Vehicles
3.4 Asia Pacific
3.4.1 Key Drivers in Asia Pacific
3.4.2 Spotlight: CRES Opportunities in China
3.4.2.1 Distributed Solar PV
3.4.2.2 Plug-in Vehicles
3.4.2.3 Dynamic Pricing
3.4.3 Spotlight: CRES Opportunities in Japan
3.4.3.1 Distributed Solar PV
3.4.3.2 Dynamic Pricing
3.4.4 Spotlight: South Korea's New Energy Initiatives
3.4.4.1 Smart Grid Program
3.4.4.2 Jeju Island Test Bed
3.5 Rest of the World
4. Technology Issues
4.1 Introduction
4.2 Flow Batteries
4.2.1 Vanadium Redox Flow Batteries
4.2.2 Zinc Bromine Flow Batteries
4.3 Lead-Acid Batteries
4.4 Advanced Lead-Acid Batteries
4.5 Li-ion Batteries
4.5.1 Overview
4.5.2 Leading Chemistries
4.5.3 Summary of Developments
4.5.4 Efficiency and Capacity
4.5.5 Issues Related to Cost
5. Key Industry Players
5.1 Introduction
5.2 Advanced Lead-Acid Batteries
5.2.1 GS Battery
5.2.2 Panasonic
5.2.3 Xtreme Power
5.3 Li-ion
5.3.1 A123 Systems
5.3.2 Altair Nanotechnologies
5.3.3 Boston-Power, Inc.
5.3.4 International Battery
5.3.5 LG Chem Ltd.
5.3.6 Saft Batteries
5.3.7 Sony
5.4 Flow Batteries
5.4.1 EnerVault Corporation
5.4.2 Premium Power Corporation
5.4.3 Prudent Energy Corporation
5.4.4 Primus Power
5.4.5 RedFlow Technologies, Ltd.
5.4.6 Sumitomo Electric Industries, Ltd.
5.4.7 ZBB Energy Corporation
5.5 Utilities
5.5.1 American Electric Power
5.5.2 Duke Energy
5.5.3 Scottish and Southern Energy (SSE)
5.5.4 Southern California Edison
5.6 Energy Storage Value-Add Players
5.6.1 Pacific Northwest National Lab
5.6.2 ABB
5.6.3 Rubenius
5.6.4 S&C Electric Company
6. Market Forecasts
6.1 Pike Research Forecast Methodology
6.1.1 Cost
6.1.2 Model
6.1.3 Flexpoints in the Model
6.2 Forecast by CRES Technology
6.3 Applications Forecast
6.4 Forecast by Region
7. Company Directory
8. Acronym and Abbreviation List
9. Table of Contents
10. Table of Charts and Figures
11. Scope of Study, Sources and Methodology, Notes
List of Charts and Figures
CRES Installed Capacity by Technology, World Markets: 2012-2022
Electricity Production by Fuel Type, Canada: 2008
Electricity Production by Fuel Type, United States: 2008
Distributed PV Capacity Additions, Asia Pacific: 2009-2015
Cumulative Light-Duty PEV Sales, Asia Pacific: 2011-2017
Electricity Production by Fuel Type, China: 2008
Electricity Production by Fuel Type, Japan: 2008
CRES Installed Capacity by Technology, World Markets: 2012-2022
Installed Revenue by CRES Technology, World Markets: 2012-2022
Installed Capacity for CES by Technology, World Markets: 2012-2022
Installed Capacity for RES by Technology, World Markets: 2012-2022
Installed Capacity by CRES Application, World Markets: 2012-2022
Installed CRES Capacity by Region, World Markets: 2012-2022
Installed CES Capacity by Region, World Markets: 2012-2022
Installed RES Capacity by Region, World Markets: 2012-2022
Installed Revenue by Region, World Markets: 2012-2022
Installed CES Revenue by Region, World Markets: 2012-2022
Installed RES Revenue by Region, World Markets: 2012-2022
Pattern of Voltage Levels Delivered to Customers Worldwide
Renewable Distributed Energy Generation Carve-Outs by State, United
States: 2011
Solar Energy Production (Ton of Oil Equivalent) in Europe
Japan's Solar PV Plan
How TEPCO Calculates Electricity Charges for Residential Customers
Korea's Smart Grid Roadmap
Korea's Jeju Island Smart Grid Test Bed
Schematic of Vanadium Redox Battery Technology
Core VRB Application: Conventional Energy Time Shifting or Load Leveling
Advanced Lead-Acid Battery Cycle Life Comparison to Other Advanced
Batteries
List of Tables
Specific Applications Performed by CRES, Drivers, Challenges, and Benefits
Community, Residential, and Off-Grid/Remote Energy Storage Projects, World
Markets: 2011
Renewable Energy Policies and Incentives, World Markets: 2010
Utilities with Residential Dynamic Charges, United States
Energy Storage Guidelines under SGIP
AB 2514 Implementation Timeline
EDF Flat-Rate and Peak/Off-Peak Rates as Set by Regulator, France: 2011
EDF Tempo Color Scheme, France: 2011
Tempo Pricing Scheme, Pricing Set by Regulator, France: 2011
Standard Pricing Scheme for TEPCO Residential Customers
New and Renewable Energy Feed-In Tariff Scheme, Korea
Funding Profile of Korea's Smart Grid Program through 2030
CRES Segments and Technologies Summary
Characteristics of Li-ion Battery Chemistries
GS Battery SWOT Analysis
Panasonic SWOT Analysis
Xtreme Power SWOT Analysis
A123 Systems SWOT Analysis
Altair Nanotechnologies SWOT Analysis
Boston Power SWOT Analysis
International Battery SWOT Analysis
LG Chem SWOT Analysis
Saft Batteries SWOT Analysis
Sony SWOT Analysis
EnerVault SWOT Analysis
Premium Power SWOT Analysis
Prudent Energy SWOT Analysis
Primus Power SWOT Analysis
RedFlow Technologies SWOT Analysis
Sumitomo Electric Industries SWOT Analysis
ZBB Energy Corporation SWOT Analysis
American Electric Power SWOT Analysis
Duke Energy SWOT Analysis
SSE SWOT Analysis
Southern California Edison SWOT Analysis
Pacific Northwest National Lab SWOT Analysis
ABB SWOT Analysis
Rubenius SWOT Analysis
S&C Electric Company SWOT Analysis
Baseline Figures for Each Application in the CRES Forecast, World Markets:
2012
Key Flexpoints in the CRES Model
Renewable Energy Policies and Incentives, World Markets: 2010
Installed Power Cost by Technology for CRES Applications: 2012-2022
Installed Energy Cost by Technology for CRES Applications: 2012-2022
Growth of New Advanced Lead-Acid Batteries by Region, World Markets:
2012-2022
Advanced Lead-Acid Battery Installed New Capacity by Region, World
Markets: 2012-2022
Advanced Lead-Acid Battery Installed New CES Capacity by Region, World
Markets: 2012-2022
Advanced Lead-Acid Battery Installed New RES Capacity by Region, World
Markets: 2012-2022
Advanced Lead-Acid Battery Power Cost by Region, World Markets: 2012-2022
Advanced Lead-Acid Battery Energy Cost by Region, World Markets: 2012-2022
Advanced Lead-Acid Battery Total Installed System Revenue by Region, World
Markets: 2012-2022
Advanced Lead-Acid Battery CES Installed System Revenue by Region, World
Markets: 2012-2022
Advanced Lead-Acid Battery RES Installed System Revenue by Region, World
Markets: 2012-2022
Growth of New Advanced Li-ion Batteries by Region, World Markets: 2012-2022
Advanced Li-ion Battery Installed New Capacity by Region, World Markets:
2012-2022
Advanced Li-ion Battery Installed New CES Capacity by Region, World
Markets: 2012-2022
Advanced Li-ion Battery Installed New RES Capacity by Region, World
Markets: 2012-2022
Advanced Li-ion Battery Power Cost by Region, World Markets: 2012-2022
Advanced Li-ion Battery Energy Cost by Region, World Markets: 2012-2022
Advanced Li-ion Battery Total Installed System Revenue by Region, World
Markets: 2012-2022
Advanced Li-ion Battery CES Installed System Revenue by Region, World
Markets: 2012-2022
Advanced Li-ion Battery RES Installed System Revenue by Region, World
Markets: 2012-2022
Growth of New Advanced Flow Batteries by Region, World Markets: 2012-2022
Advanced Flow Battery Installed New Capacity by Region, World Markets:
2012-2022
Advanced Flow Battery Installed New CES Capacity by Region, World Markets:
2012-2022
Advanced Flow Battery Installed New RES Capacity by Region, World Markets:
2012-2022
Advanced Flow Battery Power Cost by Region, World Markets: 2012-2022
Advanced Flow Battery Energy Cost by Region, World Markets: 2012-2022
Advanced Flow Battery Total Installed System Revenue by Region, World
Markets: 2012-2022
Advanced Flow Battery CES Installed System Revenue by Region, World
Markets: 2012-2022
Advanced Flow Battery RES Installed System Revenue by Region, World
Markets: 2012-2022
New Installed CRES Revenue by Region, World Markets: 2012-2022
Advanced Lead-Acid New Installed Revenue by Region, World Markets:
2012-2022
Li-ion New Installed Revenue by Region, World Markets: 2012-2022
Flow Battery New Installed Revenue by Region, World Markets: 2012-2022
Grid-tied Community Storage Revenue by Technology, World Markets: 2012-2022
Grid-tied Residential Storage Revenue by Technology, World Markets:
2012-2022
Total Revenue by Technology, World Markets: 2012-2022
Total Revenue by Application, World Markets: 2012-2022
Total New Installed Community Energy Storage Revenue by Region, World
Markets: 2012-2022
Advanced Lead-Acid New Installed Community Energy Storage Revenue by
Region, World Markets: 2012-2022
Li-ion New Installed Community Energy Storage Revenue by Region, World
Markets: 2012-2022
Flow Battery New Installed Community Energy Storage Revenue by Region,
World Markets: 2012-2022
Total New Installed Residential Energy Storage Revenue by Region, World
Markets: 2012-2022
Advanced Lead-Acid New Installed Residential Energy Storage Revenue by
Region, World Markets: 2012-2022
Li-ion New Installed Residential Energy Storage Revenue by Region, World
Markets: 2012-2022
Flow Battery New Installed Residential Energy Storage Revenue by Region,
World Markets: 2012-2022
Total New Installed CRES Capacity by Region, World Markets: 2012-2022
Advanced Lead-Acid New Installed Capacity by Region, World Markets:
2012-2022
Li-ion New Installed Capacity by Region, World Markets: 2012-2022
Flow Battery New Installed Capacity by Region, World Markets: 2012-2022
Grid-tied Community Storage by Technology, World Markets: 2012-2022
Grid-tied Residential Storage by Technology, World Markets: 2012-2022
Total Capacity by Technology, World Markets: 2012-2022
Total Capacity by Application, World Markets: 2012-2022
Total New Installed Community Energy Storage Capacity by Region, World
Markets: 2012-2022
Advanced Lead-Acid New Installed Community Energy Storage Capacity by
Region, World Markets: 2012-2022
Li-ion New Installed Community Energy Storage Capacity by Region, World
Markets: 2012-2022
Flow Battery New Installed Community Energy Storage Capacity by Region,
World Markets: 2012-2022
Total New Installed Residential Energy Storage Capacity by Region, World
Markets: 2012-2022
Advanced Lead-Acid New Installed Residential Energy Storage Capacity by
Region, World Markets: 2012-2022
Li-ion New Installed Residential Energy Storage Capacity by Region, World
Markets: 2012-2022
Flow Battery New Installed Residential Energy Storage Capacity by Region,
World Markets: 2012-2022
Community and Residential Energy Storage - Distributed Energy Storage Systems for Voltage Support, Frequency Regulation,Islanding, and Peak Shaving: Market Analysis and Forecasts published by Navigant Research (formerly Pike Research) in February 21, 2012. This report consists of 136 Pages and the price starts from US $ 3900.
Press Release
Community and Residential Energy Storage System Investments to Total $4.2 Billion through 2022
February 28th, 2012
Global Information Inc. would like to present a new market research report, "Community and Residential Energy Storage - Distributed Energy Storage Systems for Voltage Support, Frequency Regulation,Islanding, and Peak Shaving: Market Analysis and Forecasts" by Navigant Research (formerly Pike Research).
Situated at the edge of the power grid, either at the distribution transformer or at the customer premise, community and residential energy storage (CRES) systems are typically much smaller than utility-scale or bulk energy storage systems. Currently, utilities, vendors, and governments are testing CRES systems for the purposes of smoothing peaks in electricity demand, enabling voltage support and frequency regulation, and providing islanding capabilities. Although the CRES sector is still nascent, market conditions, technology capabilities, and economics are beginning to align in a way that points to significant growth opportunities over the coming decade. The expansion of distributed solar photovoltaics capacity, the adoption of plug-in electric vehicles, and the spread of dynamic pricing programs will all be key drivers in the growth of such distributed energy storage systems.
According to a new report from Pike Research, total worldwide installed capacity for community and residential energy storage systems will reach 3,000 megawatts by 2022, with an annual market value of $872 million. Cumulative investment in CRES systems over the same period will total $4.2 billion, the cleantech market intelligence firm forecasts.
"Community and residential storage is one of the newest and least understood application areas for energy storage systems," says research analyst Anissa Dehamna. "As yet, the market is still in the technical demonstration phase, and for the most part, vendors are still in the process of developing products specifically for community and residential applications. The implication for the CRES market is that purpose-built technologies are not likely to be commercialized in the next two years."
The leading technology in the CRES sector in the coming decade will be lithium ion (Li-ion) batteries. Li-ion is already the leader in terms of utility demonstration projects, and it also enjoys strong levels of commitment among a significant number of vendors active in the energy storage space. Interest in advanced flow battery and advanced lead-acid battery technologies is on the rise, but it remains to be seen whether the greatest inroads for these other technologies will be in grid-tied applications, such as CRES, or in off-grid power applications, such as village power, remote mobile telecommunications, and remote power for energy and mining activities.
Pike Researchs report, "Community and Residential Energy Storage", assesses the market opportunity for battery-based energy storage systems in community and residential deployments. Key applications covered include voltage support, frequency regulation, islanding, and peak shaving using lithium ion, advanced lead-acid, and flow battery technologies. The study includes profiles and SWOT analysis for key industry players as well as global revenue and installed capacity forecasts, segmented by technology and region, for the period from 2012 to 2022.
