Electrical Power Storage
26-Aug-2011 | News-Press Release
Bharatbook added a new report on "Electrical Power Storage Technologies for Alternative Energy Sources" which gives the in-depth analysis and forecast on Electrical Power Storage Technologies for Alternative Energy SourcesThis report measures and examines the emerging market for utility-scale â€œalternative electric power storage, including the use of batteries, fuel cells, capacitive storage, and flywheel energy storage. Includes forecasts through 2016.
The global alternative electrical power storage market in 2011 will be worth more than $325 million, including more than $236 million worth of electrochemical batteries. This market is expected to grow at a compound annual growth rate (CAGR) of 5.4% between 2011 and 2016 under a consensus scenario resulting in a $423 million global market in 2016, including $322 million worth of electrochemical batteries.
STUDY GOALS AND OBJECTIVES
Utility-scale power generation has moved beyond the tried and true coal-fired, oil-burning, natural gas, nuclear, and hydroelectric stage. Significant amounts of electric power are generated using generally smaller “alternative” sources like wind, solar, tidal, and geothermal. As these smaller power generation approaches proliferate, the problem of off-peak generation becomes important. What to do at night, or when the wind doesn’t blow, or when it blows too hard? Power system designers must begin to investigate ways to store alternative power so that it can be used when needed.
To know more about kindly visit :http://www.bharatbook.com/market-research-reports/power-market-research-report/electrical-power-storage-technologies-for-alternative-energy-sources.html
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