The global alternative electrical power storage market in 2011 will be worth more than $325 million
Bharatbook added a new report on “Electrical Power Storage Technologies for Alternative Energy Sources” which gives the in-depth analysis and forecast on Electrical Power Storage Technologies for Alternative Energy SourcesThis report measures and examines the emerging market for utility-scale “alternative electric power storage, including the use of batteries, fuel cells, capacitive storage, and flywheel energy storage. Includes forecasts through 2016.
REPORT HIGHLIGHTS
The global alternative electrical power storage market in 2011 will be worth more than $325 million, including more than $236 million worth of electrochemical batteries. This market is expected to grow at a compound annual growth rate (CAGR) of 5.4% between 2011 and 2016 under a consensus scenario resulting in a $423 million global market in 2016, including $322 million worth of electrochemical batteries.
BCC Research anticipates a $175 million wind power market and a $147 million solar power market in 2011 under a consensus scenario. An optimistic but still possible scenario could see a wind power market worth more than $240 million by 2016, reflecting a 7% compound annual growth rate (CAGR).
In 2011, BCC Research forecasts much larger fuel cell systems will be shipped. This sector is estimated at $25 million in 2011 and is expected to increase at a 12% compound annual growth rate (CAGR) to reach $44 million in 2016.(http://www.bharatbook.com/market-research-reports/power-market-research-report/electrical-power-storage-technologies-for-alternative-energy-sources.html )
REPORT SCOPE
INTRODUCTION
STUDY GOALS AND OBJECTIVES
Utility-scale power generation has moved beyond the tried and true coal-fired, oil-burning, natural gas, nuclear, and hydroelectric stage. Significant amounts of electric power are generated using generally smaller “alternative” sources like wind, solar, tidal, and geothermal. As these smaller power generation approaches proliferate, the problem of off-peak generation becomes important. What to do at night, or when the wind doesn’t blow, or when it blows too hard? Power system designers must begin to investigate ways to store alternative power so that it can be used when needed.
With this in mind, this report measures and examines the emerging market for utility-scale “alternative electric power storage,” including the use of batteries, fuel cells, capacitive storage, and flywheel energy storage. These storage approaches can be deployed using stationary facilities, mobile arrays, and increasingly, smart grids that can combine a variety of approaches (including banks of parked electric vehicles).
REASONS FOR DOING THE STUDY
This report also can provide valuable information in terms of assessing investment in specific technologies and, therefore, should benefit investors directly or indirectly. Others may find the broad discussions of energy policy and environmental impact to be of considerable value in understanding the opportunities and problems in the near- to mid-term.
To know more about kindly visit :http://www.bharatbook.com/market-research-reports/power-market-research-report/electrical-power-storage-technologies-for-alternative-energy-sources.html
Related reports
The 2011-2016 World Outlook for Electrical Power Systems and Equipment
Electrical Power Storage Technologies for Alternative Energy Sources
-30-
Or
Contact us at :
Bharat Book Bureau
Tel: +91 22 27578668
Fax: +91 22 27579131
Email: info@bharatbook.com
Website: www.bharatbook.com
Follow us on twitter: http://twitter.com/#!/BharatBook
ListFree.org: Embedded data.
 |
| Contact us at : | |
| Issued By: | +91 22 27578668 |
| Email: | bharatbookseo@gmail.com |
| Street: | 207, Hermes Atrium, Sector-11, CBD Belapur |
| Town: | Navi Mumbai |
| Country: | Maharashtra |
| Phone: | +91 22 27578668 |
| Fax: | +91 22 27579131 |
| WebSite: | http://www.bharatbook.com |
| Categories: | PR Categories |
| Tags: | demand forecast, Market, market forecast, market growth, Market Leaders, Market Report, market share, market size, Power, Report, Research |
You can leave a response, or trackback from your own site.
RSS