Thursday 1 March 2012

U.S. grid energy-storage market strong and poised for exponential growth

www.windpowerengineering.com
22 Feb 2012

A vigorous U.S, energy storage market offers good potential for growth over the next five years, according to a study sponsored by the Copper Development Association (CDA) and conducted by KEMA, Inc. The study, Market Evaluation for Energy Storage in the United States, determines the current market for grid energy storage in the U.S, and the associated copper demand in storage applications over the next five years. thermal energy storage, pumped-hydroelectric power, compressed-air-energy storage (CAES), and distributed applications constitute most of the energy-storage market. These can support the integration of renewables, such as wind and solar power.

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