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Report Examines Market Opportunities for Batteries and Ultra-Capacitors for the Smart Power Grid

Published on June 29, 2009 at 9:32 PM

NanoMarkets, the leading provider of industry analysis and market and technology research services for companies competing for or interested in thin film, organic and printable electronics related markets, today announced that it has added a new report to its schedule titled, "Batteries and Ultra-Capacitors for the Smart Power Grid: Market Opportunities 2009-2016." The report will be released in mid July 2009. For additional details please visit the firm's website at www.nanomarkets.net. An excerpt from the report is available upon request.

About the Report:

NanoMarkets believes that chemical batteries, ultra-capacitors, and the materials from which they are built represent an exciting business opportunity that is poised to take off in the near future. By 2016 there will be 33 GW of generating capacity on the grid from solar panels and wind farms that can swing wildly in their ability to generate electrical power at any given time. Electrical storage will be a requirement to level the load when the sun doesn't shine or the wind doesn't blow in a predictable manner. In addition to load leveling, grid storage will allow peak shaving where stored electricity from non peak demand periods can be used during peak load times. Peak shaving can reduce the need for new power plants and reduce the grids overall carbon footprint.

Chemical batteries and ultra-capacitors represent complementary pieces of the smart grid storage equation with ultra-capacitors used for smoothing short term disruptions in power quality and batteries storing current for longer term load leveling and peak shaving applications. While other technologies such as hydro and compressed air storage will certainly be integral parts to the overall storage solution, batteries and ultra-capacitor storage represent a large attractive near term materials growth sector.

This new market study of materials for chemical batteries and ultra-capacitors for smart grid applications surveys and analyzes the markets for the various battery and ultra-capacitor types currently in use and about to enter service in smart grid applications as well as R&D developments, including those related to systems. As with all NanoMarkets reports, this report includes a detailed eight year forecast of materials for smart grid storage applications and an in-depth discussion of key firms active in the area.

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