• 5 minutes Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 11 minutes Saudi Fund Wants to Take Tesla Private?
  • 17 minutes Starvation, horror in Venezuela
  • 5 hours WTI @ 67.50, charts show $62.50 next
  • 3 hours Newspaper Editorials Across U.S. Rebuke Trump For Attacks On Press
  • 4 hours Mike Shellman's musings on "Cartoon of the Week"
  • 9 hours Venezuela set to raise gasoline prices to international levels.
  • 14 hours WTI @ 69.33 headed for $70s - $80s end of August
  • 1 min Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 3 hours Batteries Could Be a Small Dotcom-Style Bubble
  • 16 hours Renewable Energy Could "Effectively Be Free" by 2030
  • 9 hours Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 15 hours Corporations Are Buying More Renewables Than Ever
  • 4 hours Don't Expect Too Much: Despite a Soaring Economy, America's Annual Pay Increase Isn't Budging
  • 20 hours Again Google: Brazil May Probe Google Over Its Cell Phone System
  • 5 hours France Will Close All Coal Fired Power Stations By 2021
Alt Text

Oil Prices Take A Breather As Supply Jumps

Oil markets took a breather…

Alt Text

Why China Will Continue To Buy Iranian Crude

While the United States sanctions…

Alt Text

The Key Oil Price Driver By 2020

Middle distillates such as jet…

Green energy Reporter

Green energy Reporter

GER is a Newsblog that provides insight on the people, investments and policies affecting the green energy sector.

More Info

Trending Discussions

Energy Storage could become a $35 Billion Business by 2020

Energy storage could become a $35 billion business by 2020, bolstered by more wind and solar farms coming online as well as the roll out of  plug-in hybrid and electric vehicles and the deployment of smart grid technology, according to a new report by Pike Research.

Currently the sale of energy storage technology generates $1.5 billion in annual revenues.

“Today, applications for energy storage include load following, renewable energy grid integration, and renewable energy time shifting,” says Pike Research analyst David Link. He adds: “In the coming years, the number of applications for energy storage on the grid will expand to include the opportunity for utilities to defer transmission and distribution (T&D) capital upgrades, time of use energy cost management for the commercial and industrial (C&I) segments, and conventional energy time shifting.”
When it comes to green power, energy storage technology would store wind or solar-generated power and then pipe it back into the grid at peak times. However, there’s ongoing concern that solar or wind energy storage is still years away from ever being commercially viable.

Pike Research forecasts the most significant growth opportunities in the energy storage spectrum are Compressed Air Energy Storage batteries (CAES), as well as lithium-ion batteries and flow batteries.

By. Green Energy Reporter




Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News