1. Executive Summary
1.1 Introduction
1.2 Energy Storage Technologies (EST) Drivers and Restraints
1.2.1 Drivers
1.2.2 Restraints
1.3 Outlook for the Energy Storage Technologies (EST) Market
1.4 Benefits of this Report
1.5 Methodology
1.6 The Global Energy Storage Technologies (EST) Market
1.7 National Energy Storage Technologies (EST) Markets
2. Introduction to the Energy Storage Technologies (EST) Market
2.1 The Energy Storage Technologies (EST) Market
2.2 Applications of Energy Storage Technologies (EST)
2.2.1 Load Levelling and Peak Shaving
2.2.2 Grid Stabilisation and Improved Reliability
2.2.3 Intermittent Energy Supply and Demand
2.3 Types of Energy Storage
2.3.1 Electrochemical Storage
2.3.2 Non-Electrochemical Storage
3. The Global Energy Storage Technologies (EST) Market
3.1 The Global Energy Storage Technologies (EST) Market Forecast and Analysis
3.2 Global Energy Storage Technologies (EST) Market Drivers
3.2.1 Smart, Micro and Super Grids
3.2.2 Intermittent Renewable Energy Generation
3.2.3 Electric and Plug-in Hybrid Vehicles
3.2.4 Growing Electricity Demand
3.2.5 Government Incentives
3.3 Global Energy Storage Technologies (EST) Market Restraints
3.3.1 Outdated Regulation
3.3.2 'Clean' Fossil Fuels
3.3.3 Technological Performance
3.3.4 Conservative Utilities
4. Leading National Energy Storage Technologies (EST) Markets
4.1 The US Energy Storage Technologies (EST) Market Forecast
4.1.1 US Energy Storage Technologies (EST) Market Analysis
4.2 The Chinese Energy Storage Technologies (EST) Market Forecast
4.2.1 Chinese Energy Storage Technologies (EST) Market Analysis
4.3 The German Energy Storage Technologies (EST) Market Forecast
4.3.1 German Energy Storage Technologies (EST) Market Analysis
4.4 The Spanish Energy Storage Technologies (EST) Market Forecast
4.4.1 Spanish Energy Storage Technologies (EST) Market Analysis
4.5 The Indian Energy Storage Technologies (EST) Market Forecast
4.5.1 Indian Energy Storage Technologies (EST) Market Analysis
4.6 The Japanese Energy Storage Technologies (EST) Market Forecast
4.6.1 Japanese Energy Storage Technologies (EST) Market Analysis
4.7 The South Korean Energy Storage Technologies (EST) Market Forecast
4.7.1 South Korean Energy Storage Technologies (EST) Market Analysis
4.8 The Italian Energy Storage Technologies (EST) Market Forecast
4.8.1 Italian Energy Storage Technologies (EST) Market Analysis
4.9 The UK Energy Storage Technologies (EST) Market Forecast
4.9.1 UK Energy Storage Technologies (EST) Market Analysis
4.10 The French Energy Storage Technologies (EST) Market Forecast
4.10.1 French Energy Storage Technologies (EST) Market Analysis
4.11 An Overview of the Energy Storage Technologies (EST) Markets in the Rest of the World
5. SWOT Analysis of the Energy Storage Technologies (EST) Market 2011-2021
5.1 Strengths
5.1.1 Improved Grid Management
5.1.2 Integration of Renewable Energy
5.1.3 Integration of Electric Vehicles and Plug-in Hybrids
5.1.4 Efficient Smart Grids
5.2 Weaknesses
5.2.1 High Cost of Energy Storage Technologies
5.2.2 Outdated Regulation
5.2.3 Technological Limitations of EST
5.3 Opportunities
5.3.1 The Renewable and Electric Vehicle Markets
5.3.2 Global Electrification Increase
5.3.3 Energy Arbitrage
5.4 Threats
5.4.1 Low Natural Gas Prices
5.4.2 Lack of Government Support
5.4.3 Demand Side Management (DSM)
6. The Major Energy Storage Technologies
6.1 Chemical Storage Technology
6.1.1 Lead-Acid Batteries
6.1.2 Sodium-Sulphur Batteries
6.1.3 Lithium Batteries
6.1.4 Alkaline Batteries
6.1.5 Liquid Flow Batteries
6.1.6 Metal-Air Batteries
6.2 Non-Chemical Megawatt Scale Energy Storage Technologies
6.2.1 Pumped Storage
6.2.2 Compressed Air Energy Storage (CAES)
6.2.3 Concentrated Solar Power (CSP)
6.3 Smaller Scale Non-Chemical Energy Storage Technologies
6.3.1 Superconducting Magnetic Energy Storage (SMES)
6.3.2 Flywheels
6.3.3 Ultracapacitors
6.4 Thermal Energy Storage Technology
6.4.1 Water Based Thermal
6.4.2 Pumped-heat Storage
6.5 Future Possibilities
6.5.1 Offshore CAES
6.5.2 Hydrogen Storage
6.5.3 Cryogenic Storage
6.5.4 Technological Advancement
7. Expert Opinion
7.1 A123 Systems, Inc.
7.1.1 Nanotechnology Brings Significant Advances
7.1.2 Longer Life Cycles for Lithium-ion
7.1.3 Future Prospects of Lithium-ion
7.1.4 Prospects for Grid Energy Storage Growth
7.1.5 Drivers of Grid Energy Storage Market
7.1.6 Restraints of the Grid Energy Storage Market
7.1.7 Regulatory Changes in the Grid Energy Storage Market
7.1.8 The Potential for Large-Scale Batteries
7.1.9 Recent A123 Systems Battery Installations
7.1.10 Primary Purchasers of Grid Energy Storage Technology
7.1.11 Li-ion Battery Storage No Longer Pilot Projects
7.2 Axion Power International, Inc.
7.2.1 The Advantages of Lead-Carbon Technology
7.2.2 Longer Life for Lead-Acid Battery Technology
7.2.3 Future Applications of Lead-Acid Battery Technology
7.2.4 Axion's Prospects for Grid Energy Storage
7.2.5 Drivers in the Lead-Acid Carbon Battery Market
7.2.6 Future Prospects of Lead-Acid Carbon Technology
7.2.7 Predicted Growth for New Lead-Acid Carbon Batteries
7.2.8 The Axion, Lead-Carbon Story
7.3 Maxwell Technologies, Inc.
7.3.1 Technological Advances Improving Performance
7.3.2 Advantages of Ultracapacitors for Energy Storage Solutions
7.3.3 Knowledge and Experience from Other Sectors Beneficial to Growth
7.3.4 The Future Opportunities for Ultracapacitors in Grid Applications
7.3.5 Future Growth in the EST Market
8. Leading Companies in the Energy Storage Technologies (EST) Market
8.1 A123 Systems, Inc
8.2 Active Power
8.3 Altairnano Technologies, Inc.
8.4 Amber Kinetics, Inc.
8.5 Axion Power International, Inc.
8.6 Beacon Power Corporation
8.7 BYD Company Ltd.
8.8 CellStrom GmbH
8.9 Deeya Energy
8.10 Electrovaya, Inc.
8.11 Ener1, Inc.
8.12 Energy Storage & Power LLC
8.13 Exide Technologies
8.14 FireFly International Energy Co.
8.15 General Compression, Inc.
8.16 General Electric Company (GE)
8.17 Hitachi Ltd.
8.18 International Battery, Inc.
8.19 Isentropic Ltd.
8.20 LG Chem Ltd.
8.21 Maxwell Technologies, Inc.
8.22 Nesscap Energy, Inc.
8.23 NGK Insulators, Ltd
8.24 Plug Power
8.25 Powerthru
8.26 Premium Power Corporation
8.27 Primus Power
8.28 Prudent Energy Corporation
8.29 RedFlow Ltd.
8.30 Saft Batteries
8.31 Samsung SDI
8.32 Sanyo Electric Company Ltd.
8.33 Seeo
8.34 Sony Corporation
8.35 SustainX, Inc.
8.36 Sumitomo Electric Industries Ltd.
8.37 Valence Technology, Inc.
8.38 Vycon
8.39 Xtreme Power, Inc.
8.40 ZBB Energy Corporation
9. Conclusions
9.1 Concluding Observations of the Global Energy Storage Technologies (EST) Market 2011-2021
9.2 The Global Energy Storage Technologies (EST) Market Forecast 2011-2021
9.3 Energy Storage Technologies to be Employed 2011-2021
9.4 National Markets of High Growth
9.5 National Markets of Strong Growth
9.6 National Markets of Moderate Growth
10. Glossary
List of Tables
Table 1.1 Drivers and Restraints of the Energy Storage Technologies (EST) Market
Table 2.1 Comparison of Electrochemical Storage Technologies (MW, Discharge, Cycles, Function)
Table 2.2 Comparison of Non-Electrochemical Storage Technologies (MW, Discharge, Life Span, Storage Function)
Table 3.1 The Global Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m, AGR %)
Table 3.2 The Global Energy Storage Technologies (EST) Market Forecast CAGR (%) 2011-2021, 2011-2016, and 2016-2021
Table 3.3 Smart Grid Investment by Nation 2010 ($m)
Table 3.4 Installed Capacity of Intermittent Renewable Energy for the Leading Ten Nations, Year End 2010 (MW)
Table 4.1 Leading National Energy Storage Technologies (EST) Markets Forecast 2011-2021 ($m, AGR %)
Table 4.2 The US Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m, AGR %)
Table 4.3 The US Energy Storage Technologies (EST) Market Forecast CAGR (%) 2011-2021, 2011-2016, and 2016-2021
Table 4.4 The Chinese Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m, AGR %)
Table 4.5 The Chinese Energy Storage Technologies (EST) Market Forecast CAGR (%) 2011-2021, 2011-2016, and 2016-2021
Table 4.6 The German Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m, AGR %)
Table 4.7 The German Energy Storage Technologies (EST) Market Forecast CAGR (%) 2011-2021, 2011-2016, and 2016-2021
Table 4.8 The Spanish Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m, AGR %)
Table 4.9 The Spanish Energy Storage Technologies (EST) Market Forecast CAGR (%) 2011-2021, 2011-2016, and 2016-2021
Table 4.10 The Indian Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m, AGR %)
Table 4.11 The Indian Energy Storage Technologies (EST) Market Forecast CAGR (%) 2011-2021, 2011-2016, and 2016-2021
Table 4.12 The Japanese Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m, AGR %)
Table 4.13 The Japanese Energy Storage Technologies (EST) Market Forecast CAGR (%) 2011-2021, 2011-2016, and 2016-2021
Table 4.14 The South Korean Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m, AGR %)
Table 4.15 The South Korean Energy Storage Technologies (EST) Market Forecast CAGR (%) 2011-2021, 2011-2016, and 2016-2021
Table 4.16 The Italian Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m, AGR %)
Table 4.17 The Italian Energy Storage Technologies (EST) Market Forecast CAGR (%) 2011-2021, 2011-2016, and 2016-2021
Table 4.18 The UK Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m, AGR %)
Table 4.19 The UK Energy Storage Technologies (EST) Market Forecast CAGR (%) 2011-2021, 2011-2016, and 2016-2021
Table 4.20 The French Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m, AGR %)
Table 4.21 The French Energy Storage Technologies (EST) Market Forecast CAGR (%) 2011-2021, 2011-2016, and 2016-2021
Table 5.1 SWOT Analysis of the Energy Storage Technologies (EST) Market 2011-2021
Table 5.2 Renewable Penetration of the Top Ten Leading National Energy Storage Technologies (EST) Markets, Year End 2010 and 2020 Target (%)
Table 6.1 Comparison of Chemical Energy Storage Technologies (EST) (Round-trip %, Cycles, discharge hours, $/kWh, Wh/kg, W/kg)
Table 6.2 Comparison of Non-Chemical Megawatt Scale Energy Storage Technologies (EST) (Round-trip %, Life Years, discharge hours, $/kWh, Wh/m³)
Table 6.3 Comparison of Smaller Non-Chemical Energy Storage Technologies (EST) (Round-trip %, Life Span, discharge seconds, $/kWh, Wh/kg)
List of Figures
Figure 2.1 UK Electricity Demand Curve from January 31st 2011 (GW/Time)
Figure 2.2 Load Levelling & Peak Shaving Profile using Energy Storage Technologies (EST) (MW/Time)
Figure 2.3 Fluctuating Electricity Demand Increase of an Average Morning (MW/Time)
Figure 2.4 Large Scale and Distributed Energy Storage Interface with an Energy Network
Figure 3.1 The Global Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m)
Figure 3.2 Energy Storage Technologies (EST) Market Share by Region 2010 (%)
Figure 3.3 Energy Storage Technologies (EST) Market Share Forecast by Region 2016 (%)
Figure 3.4 Energy Storage Technologies (EST) Market Share Forecast by Region 2021 (%)
Figure 3.5 EV and PHEV Sales Growth Forecast 2010-2030 (Millions/Units)
Figure 3.6 Forecasted Increase in Global Electricity Use 2010-2021 (Terawatt hours)
Figure 3.7 Electricity Generation by Source 2010 (%)
Figure 3.8 Forecasted Electricity Generation by Source 2021 (%)
Figure 4.1 The Leading Ten National Energy Storage Technologies (EST) Markets Forecast 2011-2021 ($m)
Figure 4.2 The Top Five National Energy Storage Technologies (EST) Markets Forecast 2011-2021 ($m)
Figure 4.3 The Following Five National Energy Storage Technologies (EST) Markets Forecast 2011-2021 ($m)
Figure 4.4 The Leading National Energy Storage Technologies (EST) Cumulative Market Forecast 2011-2021 ($m)
Figure 4.5 The Leading National Energy Storage Technologies (EST) Market Forecast CAGR 2011-2021 (%)
Figure 4.6 The US Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m)
Figure 4.7 The Chinese Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m)
Figure 4.8 The German Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m)
Figure 4.9 The Spanish Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m)
Figure 4.10 The Indian Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m)
Figure 4.11 The Japanese Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m)
Figure 4.12 The South Korean Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m)
Figure 4.13 The Italian Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m)
Figure 4.14 The UK Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m)
Figure 4.15 The French Energy Storage Technologies (EST) Market Forecast 2011-2021 ($m)
Figure 4.16 Leading National Energy Storage Technologies (EST) Market Share 2010 (%)
Figure 4.17 Leading National Energy Storage Technologies (EST) Market Share Forecast 2016 (%)
Figure 4.18 Leading National Storage Technologies (EST) Market Share Forecast 2021 (%)
Figure 5.1 Cost Comparison of Energy Storage Technologies ($/kWh)
Figure 6.1 Installed Capacities of Pumped Storage Facilities, China, EU, USA, Japan & RoW 2010 (GW, %)
Figure 6.2 The Development of Lithium Battery Technology Since 2000 (Wh/kg, W/kg)