38 new advanced energy storage projects in the first half of 2013


Anissa Dehamna,
Senior Research
Analyst, Navigant
Boulder, CO, U.S.A. — (METERING.COM) — August 20, 2013 – 38 new advanced energy storage projects were announced, deployed, or begun in the first 6 months of 2013, according to a new tracker from Navigant Research.

This brings the total to 633 energy storage projects, encompassing 865 systems, operating or under development worldwide.

“There are now 29 different energy storage technologies in use worldwide, some with just a small fraction of the overall market,” says Anissa Dehamna, senior research analyst with Navigant Research.  “In terms of regional capacity, Asia Pacific continues to be the world leader in deployed capacity, with almost 1.2 GW representing 47 percent of global capacity, followed by North America and Western Europe.  In terms of installed projects, however, North America leads with 115 deployments.”

New technologies, including capacitor battery technology, lithium titanate oxide, nickel-iron, and solar thermal, are swelling the pipeline of advanced energy storage projects. At the same time, new variants on older technologies, such as power-to-gas, are also coming online. These developments define an industry that is dynamic, if still not mature, according to the tracker.

Further, the market for energy storage, including traditional pumped storage, is extremely fragmented, with at least 136 vendors offering various solutions. The leader, in terms of deployed capacity market share, is Alstom, with 22 percent of the market, followed by Voith with 19 percent and Allis Chalmers with 8 percent.  When traditional pumped storage is excluded, however, the market looks quite different: the top three vendors are NGK Insulators, Energy Storage and Power LLC, and Solar Millennium.