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India News Releases
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(India.CityRegions.Com, January 11, 2017 ) A grid-scale energy storage system stores power when there is excess and releases energy when there is demand such as during power outage. The increased use of intermittent renewable energy sources has resulted in the use of energy storage systems. Electricity storage primarily fills the gap between the ramping down/ ramping up time of wind/ solar powered energy generation systems. The energy storage systems provide operational support to ensure a smooth, uninterrupted flow of electricity supply. They maintain the power quality and reliability with short response time. In addition, they also smoothen the energy output of renewable sources, which are intermittent in nature.
Publisher's analysts forecast the global grid-scale energy storage market to grow at a CAGR of 34.8% during the period 2016-2020.
For more information about this report: http://www.reportsweb.com/global-grid-scale-energy-storage-market-2016-2020
Covered in this report
The report covers the present scenario and the growth prospects of the global grid-scale energy storage market for 2016-2020. To calculate the market size, Publisher considers the revenue generated from the sales of grid-scale energy storage systems.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Publisher's report, Global Grid Scale Energy Storage Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- ABB
- Beacon Power
- Hydrostor
- LG Chem Johnson Controls
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001345893/sample
Other prominent vendors
- EnerVault
- GE
- Samsung SDI
- S&C Electric
- SustainX
Market driver
- Extensive use of energy storage technologies in utility sector
- For a full, detailed list, view our report
Market challenge
- Use of lead acid batteries as energy storage
- For a full, detailed list, view our report
Market trend
- Growing use of renewable sources
- For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001345893/buying
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
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