Dublin, Jan. 24, 2018 (GLOBE NEWSWIRE) -- The "The Grid Battery Energy Storage Technologies Market Report 2018" report has been added to ResearchAndMarkets.com's offering.
The Grid Energy Battery Storage (GEBS) technologies storage market is beginning to gain momentum as many electro-chemical technologies evolve from a demonstration projects into commercial deployment on a grid scale level.
2017 saw a number of technologies enter into commercial production both for residential and industrial uses. GEBS technologies provide a number of advantages over other established, emerging and competing technologies such as ease of deployment, flexibility of use, the precision and quality of the service they can provide to grid operators and the lack of geographical constraints experienced by technologies such as CAES and PHS.
Market dynamics such as ageing electrical grids, utility financial constraints, development of renewable intermittent energy sources and an evolving regulatory environment will be key drivers of the adoption of GEBS technologies. As production costs of grid scale battery technologies decline we expect to see increased deployment around the world with U.S, Germany China and Japan being early adopter and drivers, further driving down costs of these systems.
Company Profiles
Leading Venders Grid Scale Battery Storage Companies
Other Leading Manufacturers & Supply Companies in the Grid Scale Battery industry
For more information about this report visit https://www.researchandmarkets.com/research/25plf3/grid_battery?w=12