Research and Markets: The Future of Electrical Energy Storage - Understand the Economics and Potential of the New Technologies

* Reuters is not responsible for the content in this press release.

Mon Mar 30, 2009 9:45am EDT

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/64708b/the_future_of_elec) has
announced the addition of the "The Future of Electrical Energy Storage: The
Economics and Potential of New Technologies" report to their offering. 

Electrical energy storage (apart from pumped storage hydropower) is still a
peripheral part of the power generation infrastructure. However, the advancing
use of renewable energy, particularly wind power, will change the perception of
storage and lead to significant increase of its use. At the same time,
developments over the last ten to twenty years have brought a range of new
storage technologies to the brink of commercialization. However, commercial
projects are in short supply. 

The Future of Electrical Energy Storage is a new management report published by
Business Insights that analyses the future of electrical energy storage and how
the advancing use of renewable energy, particularly wind power, will change the
perception of storage and lead to significant increase it its use. 

Understand the key drivers and resistors of electrical energy storage and its
impact on the landscape with the help of this new report. 

Some key findings from this report

* There is just 90GW of electricity storage capacity in operation - around 3% of
global capacity, which is much lower than in other energy industries. 
* As an emerging group of technologies, estimates on the cost of electrical
energy storage vary widely, on average by more than 100% and typically much
higher in battery technologies. 
* Capacitors are the most efficient of the existing electrical energy storage
technologies with a round trip efficiency of >95%, while hydrogen storage is, by
a large margin, the least efficient technology. 
* The US and Japan are the global leaders in large scale pumped storage
hydropower plants with 9 and 12 plants respectively, compared to just 1 each in
the UK, France and Australia. 
* Based on an analysis of fixed and variable costs, batteries are currently the
most expensive technologies - a key limiting factor compared to more mature
alternatives such as pumped storage hydropower.

This new report will enable you to

* Identify the leading technologies for electrical energy storage, their
development status and application with this report's in-depth analysis of the 7
leading electrical energy technologies (Pumped-storage hydropower, compressed
air energy storage, batteries, flywheels, hydrogen storage, capacitors and
superconducting magnetic energy storage), their development and future
application. 
* Compare the cost of different electrical energy storage technologies in terms
of capital, fixed and variable costs from data found in this report. 
* Understand the economics of electrical energy storage and the key factors that
will drive economic competitiveness of each technology. 
* Assess the future potential for energy storage and the role of growing
renewable energy capacity as a market driver.

Key questions answered by this report

* What are the leading technologies for electrical energy storage, their
development status and application? 
* What are the operational parameters for each technology? 
* How do the economics of electrical energy storage technologies compare against
one another? 
* What are the key drivers and resistors of electrical energy storage? 
* What is the long term potential of electrical energy storage?

Key Topics Covered:

Chapter 1 Introduction 

Chapter 2 Pumped-storage hydropower 

Chapter 3 Compressed air energy storage 

Chapter 4 Batteries 

Chapter 5 Flywheels 

Chapter 6 Hydrogen storage 

Chapter 7 Capacitors 

Chapter 8 Superconducting magnetic energy storage 

Chapter 9 The economics of electrical energy storage 

Chapter 10 The potential for electrical energy storage 

For more information visit
http://www.researchandmarkets.com/research/64708b/the_future_of_elec

Source: Business Insights 



Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
Fax (USA): 646-607-1907
Fax (International): +353-1-481-1716 

Copyright Business Wire 2009

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