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2011/06/27

Developers Battle in Off-Grid Energy Storage Market - TMCnet's Smart Grid eNews

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6/27/2011
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June 21, 2011

Developers Battle for Business in $4B Off-Grid Energy Storage Market


The off-grid storage market will grow from $9.9 billion in 2011 to $13.5 billion in 2016, according to a new report from Boston-based Lux Research. Emerging technologies will be the fastest-developing –increasing from $1.5 billion in 2011 to about $4 billion in 2016. But only developers who hone in on this opportunity quickly and aggressively will capture a meaningful share of the market, the experts predict.



Emerging electrical storage developers who are struggling to penetrate the transportation and grid-related markets, have started prospecting off-grid opportunities as a way to attain scale and lower costs. The report, titled Off-grid: A Modest Meal for Starving Storage Developers, forecasts opportunities for emerging battery, flywheel, ultracapacitor, and fuel cell technologies in off-grid markets, such as telecommunication networks, datacenters, and mobile and semi-permanent military bases... Read More




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