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Asia Battery Energy Storage Market Overview 2017-2020

07-07-2017 09:06 AM CET | Energy & Environment

Press release from: Kuick Resarch

Across the world, efforts are underway to improve the way to store and distribute energy, as electricity generation mix is shifting towards more sustainable but intermittent forms of energy generation, such as wind and solar power. The rapid growth in variable renewable energy is catalyzing efforts to modernize the electricity system. At high levels of penetration, variable renewable energy increases the need for resources that contribute to system flexibility. This ensures that system stability is maintained by matching supply and demand of electricity. Battery storage is one of the options for enhancing system flexibility in these circumstances by managing electricity supply fluctuations. Battery storage can also increase local penetration and self-consumption from small solar PV facility installed at commercial facilities and at households.

Asian countries that include some of the highly industrialized and geographically vast sized ones are pushing for massive growth in the electricity generation capacity from renewable sources. Deployments of renewable based power generation projects have gained momentum across the region. The integration of most of those generating facilities with battery based energy storage system has opened the most important market for batteries along with reinforcing the role of renewable energy in electricity generation mix of any country. The massive capacity addition targets in almost all the countries in the region will obviously need more BESS as more such renewable electricity generation facilities will be required to integrate with the electric grid. Despite having added enormous generation capacity, a substantial proportion of electricity generated from solar or wind power plants is not serving any purpose solely due to lack of energy storage systems. Hence in addition to the existing policies regarding renewable energy and energy storage, more stringent policies stating mandatory integration of renewable electricity generation and battery energy storage systems are very likely to come. That is why renewable integration is projected to continue figure among the leading area of applications of BESSs.

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Report Table of Contents

1. Battery Energy Storage System Overview
1.1 Energy Storage System with Battery Overall Scenario
1.2 Grid Connected Battery Energy Storage System
1.3 Off Grid Battery Energy Storage System
2. Technological Aspects of Battery in Energy Storage System
2.1 Conventional Batteries
2.1.1 Lead-Acid Battery
2.1.2 Lithium-Ion Battery
2.1.3 Nickel-Cadmium Battery
2.2 High Temperature Battery
2.2.1 Sodium Sulfur Battery
2.2.2 Sodium Nickel Chloride Battery
2.3 Flow Battery
2.3.1 Redox Flow Battery
2.3.2 Vanadium Redox (VRB) Flow Batteries
2.3.3 Zinc-Bromine (ZNBR) Flow Batteries
3. Battery Energy Storage Applications
3.1 Distributed Generation
3.2 Renewable Energy Generation
3.3 Grid Stability
3.4 Load Management
3.5 Electric Vehicles
4. Japan Battery Energy Storage System Market Outlook
4.1 Market Overview
4.2 Recent Trends
4.3 Future Outlook
5. China Battery Energy Storage System Market Outlook
5.1 Market Overview
5.2 Recent Trends
5.3 Future Outlook
6. India Battery Energy Storage System Market Outlook
6.1 Market Overview
6.2 Recent Trends
6.3 Future Outlook
7. South Korea Battery Energy Storage System Market Outlook
7.1 Market Overview
7.2 Recent Trends
7.3 Future Outlook
8. Rest of Asia (Singapore, Taiwan, Philippines)
9. Favorable Market Parameters
9.1 Renewable Energy Integration
9.2 Micro-Grid/Distributed Generation
9.3 User Side Applications
9.4 Large Scale Installations of Solar Roof-Top PV Power Generation Systems
9.5 Electric Vehicles
10. Commercial Challenges and Issues to be Resolved
10.1 High Cost of Battery
10.2 Unavailability of Large Sized Storage Capacity
10.3 Technology Adoption
10.4 Disposal and Recycling
11. Asia Battery Energy Storage Future Outlook
12. Company Profiles
12.1 BYD
12.2 China Aviation Lithium Battery (CALB)
12.3 Kokam Co. Ltd.
12.4 LG Chem
12.5 Panasonic
12.6 NGK Insulators

Kuick Research is a market research and analytics company that provides targeted information for critical decisions at business, product and service levels. We are quick, predictive and known by the recommendations we have made in the past. Our result-oriented research methodology offers understanding of multiple issues in a short period of time and gives us the capability to keep you full with loads of practical ideas. By translating research answers into strategic insight and direction, we not only rate the success potential of your products and/or services, but also help you identify the opportunities for growth in new demographies and find ways to beat competition.

Neeraj Chawla
KuicK Research
Avanta Business Center 4th Floor,
Statesman House Barakhamba Road,
Connaught Place New Delhi – 110 001, India

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