Energy Storage for the Grid and Ancillary Services Peak Pricing Arbitrage, Generation Capacity, T&D Asset Capacity, Frequency Regulation, Volt/VAR Support, and Renewables Ramping/Smoothing
出 版 商：Navigant Research
出版日期：2017/12/01
頁 數：84頁
文件格式：PDF
To discuss pricing options please contact our sales representative.
Utility-scale energy storage is expected to continue breaking into the mainstream electricity industry in 2016. The market is projected to move away from R&D projects and push toward full commercial deployments. While most new activity is concentrated in select regions and markets, grid operators around the world are beginning to recognize the value that large-scale energy storage systems (ESSs) can provide. Specific market dynamics and trends vary throughout the world, but there are overarching factors driving the market and technologies forward.
Perhaps the most important driver of energy storage for the grid and ancillary services (ESGAS) is the substantial growth in the amount of renewable energy being deployed around the world. As the percentage of variable generation increases, energy storage can help grid operators maintain system stability and ensure the efficient integration of these new, clean resources. There are several other key macro trends driving ESGAS markets, including the rapidly falling prices of ESSs and the growing need for new electrical infrastructure around the world. According to Navigant Research, global installed ESGAS power capacity is expected to grow from 1.1 GW in 2016 to 21.6 GW in 2025.
This Navigant Research report explores the growing opportunities for ESSs to provide numerous services to the grid and how these markets will evolve in the coming decade. All major technologies for utility-scale energy storage, including advanced batteries and electromechanical systems, are covered in this report for the six top services that energy storage can provide. Global market forecasts for power capacity, energy capacity, and revenue, segmented by region, technology, and application, extend through 2025. The report also examines the key business models related to ESGAS, as well as the competitive landscape.
Utility-scale energy storage is expected to continue breaking into the mainstream electricity industry in 2016. The market is projected to move away from R&D projects and push toward full commercial deployments. While most new activity is concentrated in select regions and markets, grid operators around the world are beginning to recognize the value that large-scale energy storage systems (ESSs) can provide. Specific market dynamics and trends vary throughout the world, but there are overarching factors driving the market and technologies forward.
Perhaps the most important driver of energy storage for the grid and ancillary services (ESGAS) is the substantial growth in the amount of renewable energy being deployed around the world. As the percentage of variable generation increases, energy storage can help grid operators maintain system stability and ensure the efficient integration of these new, clean resources. There are several other key macro trends driving ESGAS markets, including the rapidly falling prices of ESSs and the growing need for new electrical infrastructure around the world. According to Navigant Research, global installed ESGAS power capacity is expected to grow from 1.1 GW in 2016 to 21.6 GW in 2025.
This Navigant Research report explores the growing opportunities for ESSs to provide numerous services to the grid and how these markets will evolve in the coming decade. All major technologies for utility-scale energy storage, including advanced batteries and electromechanical systems, are covered in this report for the six top services that energy storage can provide. Global market forecasts for power capacity, energy capacity, and revenue, segmented by region, technology, and application, extend through 2025. The report also examines the key business models related to ESGAS, as well as the competitive landscape.
1. Executive Summary
1.1 Introduction
1.2 Market Drivers
1.3 Market Challenges
1.4 Report Scope
1.5 Market Forecast
2. Market Issues
2.1 Applications for Energy Storage on the Grid
2.1.1 Electricity Cost Optimization
2.1.1.1 Peak Pricing Arbitrage
2.1.2 Load Serving
2.1.2.1 Generation Capacity
2.1.2.2 T&D Asset Capacity
2.1.3 Grid Operations
2.1.3.1 Frequency Regulation
2.1.3.2 Volt/VAR Support
2.1.4 Renewables Ramping/Smoothing
2.2 ESGAS Business Models
2.2.1 Merchant Model
2.2.1.1 PJM Ancillary Services Markets
2.2.1.2 Germany Ancillary Services Markets
2.2.2 Utility-Owned
2.2.3 Capacity Contracts
2.3 Regional Market Issues
2.3.1 North America
2.3.1.1 California
2.3.1.2 Ontario
2.3.2 Europe
2.3.2.1 Italy
2.3.2.2 Germany
2.3.2.3 United Kingdom
2.3.3 Asia Pacific
2.3.3.1 Australia
2.3.3.2 China
2.3.3.3 India
2.3.3.4 Japan
2.3.3.5 South Korea
2.3.4 Rest of the World
3. Technology Issues
3.1 Overview
3.2 Advanced Batteries
3.2.1 Flow Batteries
3.2.2 Advanced Lead-Acid Batteries
3.2.3 Li-ion Batteries
3.3 Compressed Air
3.4 Flywheels
3.5 Molten Salt Batteries
3.6 Power-to-Gas (P2G)
3.7 Pumped Hydro Storage
3.8 Ultracapacitors
3.9 Other Advanced Battery Chemistries
3.10 Energy Storage Enabling Technologies
3.11 Hybrid Energy Storage Systems
4. Key Industry Players
4.1 Flow Battery Vendors
4.1.1 Gildemeister
4.1.2 Sumitomo Electric
4.1.3 ViZn Energy
4.2 Flywheel Vendors
4.2.1 Amber Kinetics
4.2.2 Beacon Power
4.2.3 Temporal Power
4.3 Power-to-Gas (P2G)
4.3.1 Hydrogenics
4.3.2 ITM Power
4.4 Ultracapacitors
4.4.1 Maxwell Technologies
4.4.2 Win Inertia
4.5 Li-Ion Vendors
4.5.1 Leclanche
4.5.2 LG Chem
4.5.3 Saft
4.5.4 Samsung SDI
4.6 Software and Systems Integration
4.6.1 Software-Focused Vendors
4.6.1.1 1Energy Systems
4.6.1.2 Greensmith Energy
4.6.1.3 Younicos
4.6.2 Project Development Focus
4.6.2.1 AES Energy Storage
4.6.2.2 GE Energy Storage
4.6.2.3 LG CNS
4.6.2.4 NEC Energy Solutions
4.6.2.5 RES Americas
4.6.2.6 S&C Electric
5. Market Forecasts
5.1 Methodology
5.2 ESGAS System Costs
5.3 Power Capacity
5.4 Energy Capacity
5.5 Revenue
5.6 Conclusions and Recommendations
6. Acronym and Abbreviation List
7. Table of Contents
8. Table of Charts and Figures
9. Scope of Study, Sources and Methodology, Notes
1.1 Introduction
1.2 Market Drivers
1.3 Market Challenges
1.4 Report Scope
1.5 Market Forecast
2. Market Issues
2.1 Applications for Energy Storage on the Grid
2.1.1 Electricity Cost Optimization
2.1.1.1 Peak Pricing Arbitrage
2.1.2 Load Serving
2.1.2.1 Generation Capacity
2.1.2.2 T&D Asset Capacity
2.1.3 Grid Operations
2.1.3.1 Frequency Regulation
2.1.3.2 Volt/VAR Support
2.1.4 Renewables Ramping/Smoothing
2.2 ESGAS Business Models
2.2.1 Merchant Model
2.2.1.1 PJM Ancillary Services Markets
2.2.1.2 Germany Ancillary Services Markets
2.2.2 Utility-Owned
2.2.3 Capacity Contracts
2.3 Regional Market Issues
2.3.1 North America
2.3.1.1 California
2.3.1.2 Ontario
2.3.2 Europe
2.3.2.1 Italy
2.3.2.2 Germany
2.3.2.3 United Kingdom
2.3.3 Asia Pacific
2.3.3.1 Australia
2.3.3.2 China
2.3.3.3 India
2.3.3.4 Japan
2.3.3.5 South Korea
2.3.4 Rest of the World
3. Technology Issues
3.1 Overview
3.2 Advanced Batteries
3.2.1 Flow Batteries
3.2.2 Advanced Lead-Acid Batteries
3.2.3 Li-ion Batteries
3.3 Compressed Air
3.4 Flywheels
3.5 Molten Salt Batteries
3.6 Power-to-Gas (P2G)
3.7 Pumped Hydro Storage
3.8 Ultracapacitors
3.9 Other Advanced Battery Chemistries
3.10 Energy Storage Enabling Technologies
3.11 Hybrid Energy Storage Systems
4. Key Industry Players
4.1 Flow Battery Vendors
4.1.1 Gildemeister
4.1.2 Sumitomo Electric
4.1.3 ViZn Energy
4.2 Flywheel Vendors
4.2.1 Amber Kinetics
4.2.2 Beacon Power
4.2.3 Temporal Power
4.3 Power-to-Gas (P2G)
4.3.1 Hydrogenics
4.3.2 ITM Power
4.4 Ultracapacitors
4.4.1 Maxwell Technologies
4.4.2 Win Inertia
4.5 Li-Ion Vendors
4.5.1 Leclanche
4.5.2 LG Chem
4.5.3 Saft
4.5.4 Samsung SDI
4.6 Software and Systems Integration
4.6.1 Software-Focused Vendors
4.6.1.1 1Energy Systems
4.6.1.2 Greensmith Energy
4.6.1.3 Younicos
4.6.2 Project Development Focus
4.6.2.1 AES Energy Storage
4.6.2.2 GE Energy Storage
4.6.2.3 LG CNS
4.6.2.4 NEC Energy Solutions
4.6.2.5 RES Americas
4.6.2.6 S&C Electric
5. Market Forecasts
5.1 Methodology
5.2 ESGAS System Costs
5.3 Power Capacity
5.4 Energy Capacity
5.5 Revenue
5.6 Conclusions and Recommendations
6. Acronym and Abbreviation List
7. Table of Contents
8. Table of Charts and Figures
9. Scope of Study, Sources and Methodology, Notes
