Energy Storage

Energy Storage in the photovoltaic and concentrated solar energy

May 03, 2011 - The report analyzes the opportunities for firms seeking to understand the opportunities created by energy-storage technologies in the solar power sector, and both PV and concentrating solar power are cover.

The solar energy industry is continuing to evolve and grow, leading to diverse opportunities in the energy storage space. Small lead-acid batteries have been used for many years in small off-grid photovoltaics (PV) systems and will remain an important part of the “solar storage” market. But recent developments have created significant new revenue opportunities:

· The new breed of microgrids requires much larger energy storage systems than the traditional batteries used for off-grid applications. One need here is for considerably higher energy densities to handle microgrids that include large photovoltaic generators. It is as yet unclear, what kind energy storage systems will be best for this kind of application

· As metering technology advances, the introduction of energy storage by building owners will give those owners the ability to the best advantage of feed-in-tariffs. This is virgin territory waiting for a specialized type of energy storage systems to emerge {continued}