Market Analysis: Utility Attitudes Toward Energy Storage Technologies : Market Research Report

Market Analysis: Utility Attitudes Toward Energy Storage Technologies

Published by: IDC

Published: Oct. 4, 2009 - 17 Pages

Table of Contents
Energy Insights Opinion
In This Report
Research Methodology
Survey Sample and Respondent Profile
Situation Overview
Introduction
Utility Findings: Energy Storage Technologies
Lithium-Ion Batteries
Sodium-Sulfur Batteries
Flow Batteries
Flywheels
Compressed Air Energy Storage
Thermal Energy Storage
Future Outlook
Essential Guidance
Actions to Consider
Learn More
Related Research
Appendix
Synopsis
Table: Price and Performance Comparisons: Storage Technologies Primarily for Power Applications
Table: Price and Performance Comparisons: Storage Technologies Primarily for Energy Applications
Figure: Utility Perceptions of Near-Term Energy Storage Technology Readiness and Commercial Attractiveness
Figure: Sodium-Sulfur Battery Operation
Figure: Working Principle of a Redox Flow Battery Diagram
Figure: Flywheel System Components
Figure: CAES Operation

Abstract

This IDC Energy Insights report focuses on utility attitudes and perceptions toward emerging energy storage technologies, including Lithium-ion batteries, NaS batteries, flow batteries, flywheels, and compressed air energy storage. Based on in-depth interviews with utility and energy sector executives, findings indicate that utilities are intrigued by the evolving capabilities of energy storage technologies but that opinions about the commercial readiness of specific technologies vary. The primary factor governing future purchases of energy storage technologies is cost reduction.

According to Sam Jaffe, IDC Energy Insights Senior Research Analyst, "There is a place for all energy storage technologies, from Lithium-ion batteries to flywheels, in the utility market. But utility interest and enthusiasm for specific technologies varies markedly due to the perceived technical and economic readiness associated with each type of energy storage system."

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