Energy storage is an established technology and is necessary to balance power demand and supply. An ESS (energy storage system) is required for grid flexibility and stability. A grid-scale energy storage system stores power when there is excess and releases energy when there is demand such as during power outage. The increased use of intermittent renewable energy sources has resulted in the use of energy storage systems. Electricity storage primarily fills the gap between the ramping down/ ramping up time of wind/ solar powered energy generation systems.

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicator

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by technology

Global grid-scale energy storage market by technology

2015-2020

Global grid-scale energy storage market by technology

2015-2020

Global grid scale energy storage market by pumped

hydroelectric system 2015-2020

Market size and forecast

Global grid scale energy storage market by others 2015-

2020

Market size and forecast

PART 07: Geographical segmentation

Global grid scale energy storage market by geography

Grid scale energy storage market in Americas

Grid scale energy storage market in APAC

Grid scale energy storage market in EMEA

PART 08: Market drivers

Government support

Increase in R&D activities

Extensive use of energy storage technologies in utility

sector

PART 09: Impact of drivers

PART 10: Market challenges

Use of lead acid batteries as energy storage

High cost of large-scale energy storage systems

Technological risks

PART 11: Impact of drivers and challenges

PART 12: Market trends

Growing use of renewable sources

High demand for consistent and secure power

Development of next-generation batteries

PART 13: Vendor landscape

Competitive scenario

Other prominent vendors

PART 14: Key vendor analysis

ABB

Beacon Power

Hydrostor

LG Chem

PART 15: Appendix

List of abbreviations

PART 16: Explore Technavio