Installed DESS Power Capacity to Increase More than 11,000 MW by 2024

Installed DESS Power Capacity to Increase More than 11,000 MW by 2024

According to a new report from Navigant Research, global installed distributed energy storage system (DESS) power capacity is expected to grow from 171.9 MW in 2014 to 12,147.3 MW in 2024. The report, Distributed Energy Storage Systems for Energy Cost Management 
and Grid Management: Global … Read more…

Lithium-Ion Batteries Find Niche in Backup Storage, UPS

Lithium-Ion Batteries Find Niche in Backup Storage, UPS

Led by lithium-ion (Li-ion), emerging battery technologies used in the backup and uninterruptible power supply (UPS) markets will grow six-fold from $143 million this year to $896 million in 2020, according to Lux Research. Li-ion batteries will account for a bulk of this market, reaching … Read more…

Navigant: Installed Li-ion Capacity 1,753 MW by 2022

Navigant: Installed Li-ion Capacity 1,753 MW by 2022

The lithium ion stationary energy storage market will grow from 27 MW of global installed capacity in 2013 to 1,753 MW in 2022, according to a study by Navigant Research. As the Li-ion manufacturing industry develops, it promises to eventually deliver low-cost, long-lasting, and safe … Read more…

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