Welcome!

Symbian Authors: Jack Newton, Kevin Benedict, Matthew Lobas, Shelly Palmer, RealWire News Distribution

News Feed Item

NanoMarkets Report Says Smart Grids Will Use $6.1 Billion in Electrical Storage Products in 2018

GLEN ALLEN, Va., Dec. 13, 2012 /PRNewswire/ -- Industry analyst firm NanoMarkets has published a new report titled, "Batteries and Supercapacitors for the Smart Grid-2013."  This report claims the grid-storage market will reach $6.1 billion (USD) by 2018 making energy storage one of the fastest growing opportunities in the smart grid industry. 

Additional details about the report are available at: http://nanomarkets.net/market_reports/report/batteries_and_supercapacitors_for_the_smart_grid_2013

This report provides analysis of worldwide grid-storage markets products including lead-acid, lead-carbon, lithium-ion, sodium-sulfur, sodium-nickel-chloride, and flow batteries, along with ultrabatteries and supercapacitors.  Retail, wholesale and microgrid opportunities are covered, along with how frequency regulation, regenerative energy capture and renewable power integration, will impact demand for grid storage.  Eight-year revenue and volume projections are included with breakouts by application, storage technology, and geographical region.

Companies discussed include:  Advanced Battery, Altair, Ambri, Aquion,  Axion, Boston Power, C&D , Cellennium,  Cellstrom, China BAK, China Ritar Power, Cobasys, Deeya Energy, Ecoult, Energ2, Enersys, Exide, Fiamm Sonik,  Firefly, Sonik, GE, GeoBattery, Hitachi, Johnson Controls, Kyushu Electric, Maxwell, Mitsubishi, NEC, Nesscap, Nexeon,  Navitas, NGK, Panasonic/Sanyo, Premium Power, Prudent Energy, REDT, Revolt, SAFT, Siemens, Sumitomo, TEPCO, Ultralife, V-Fuel, Wanxiang and ZBB

From the report:

The default option for grid batteries today is lead-acid, accounting for more than 55% of revenues from grid batteries currently.  By 2018, this share will decline to around 30% as new grid battery technologies become commercialized.  The lead-acid battery will itself get an upgrade; carbon electrodes, promising a 4x performance improvement. In addition, the ultrabattery, with combination lead/carbon electrodes will compete for grid-storage markets.  In 2018, lead-carbon batteries/ultrabatteries will generate around $300 million in revenues.

Grid storage for remote locations, microgrids and cell phone towers are already economically viable. This is driving demand for lead-acid and Zebra (sodium-nickel-chloride) batteries.  Another wave of storage deployment is about to occur on the customer side of the meter for power-quality, peak-shaving and grid-stability applications creating demand for flow and lithium-ion batteries.  During this second wave the penetration of renewables will rise above 20%, making grid storage necessary to stabilize the grid because of intermittent generation.  A final wave of grid storage is expected for retail peak shifting applications.

Although lithium-ion batteries are receiving considerable attention, it is immature and high cost and its current growth relies on government subsidies.  When subsidies disappear, sodium-sulfur and Zebra batteries will be a better deal for power companies and large end users than lithium-ion.  The best hope for lithium batteries is where a supplier who is committed to lithium sells it as part of a comprehensive solution such as for smart buildings.  Jonson Controls and SAFT are doing this.  Revenues from lithium batteries are expected to reach $775 million by 2018.

Supercapacitors will become integral to grid storage, as costs go down and capacities increase.   By 2018, supercaps will generate $1.1 billion in revenues from grid-storage, especially regenerative braking on grid-attached light rail and frequency regulation.  Here supercaps can result in a 30% reduction in electrical costs.  The long lifetimes and near-zero maintenance for supercapacitors make them attractive for such applications.  Supercaps will improve performance with new materials; including nano-structured metal oxides, perovoskites, nanotubes and graphene increasing capacity 5-10 times compared to activated-carbon supercapacitors. 

About NanoMarkets:

NanoMarkets tracks and analyzes emerging markets in advanced materials. The firm is the recognized leader in industry analysis and forecasts for a variety of energy storage markets. Visit http://www.nanomarkets.net for a full listing of NanoMarkets' reports and other services.

SOURCE NanoMarkets

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Akana has announced the availability of version 8 of its API Management solution. The Akana Platform provides an end-to-end API Management solution for designing, implementing, securing, managing, monitoring, and publishing APIs. It is available as a SaaS platform, on-premises, and as a hybrid deployment. Version 8 introduces a lot of new functionality, all aimed at offering customers the richest API Management capabilities in a way that is easier than ever for API and app developers to use.
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...