Friday, May 20, 2011

Smart Grid Storage Technologies

Research and Markets: Global Smart Grid Storage Technologies Market 2010-2014 States that Increased Use of Smart Grid Technologies in Microgrids


May. 18, 2011 - Research and Markets has announced the addition of the "Global Smart Grid Storage Technologies Market 2010-2014" report to their offering.

TechNavio analysts forecast that the Global Smart Grid Storage Technologies market will reach $ 4.6 billion in 2014. One of the key factors contributing to this market is the increased governmental funding in this area. The smart grid storage technologies market has also been witnessing increasing synergies among power electronics, ICT (Information and Communication Technology), and smart grid technologies. However, the highly fragmented nature of this market could be a challenge to growth.

Key vendors dominating this market space include Altair Nanotechnologies, Beacon Power, Ice Energy LLC, Premium Power Corporation, and Xtreme Power. {continued}

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