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.