Full Title: Energy Storage and The Next Generation Utility: A Strategy Guide for the Future
Author(s): PA Consulting
Publication Date: 2016
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Throughout the world, energy storage technologies are at a turning point. They are becoming more flexible, efficient and capable of reliably delivering energy to consumers, as needed. They are also playing a pivotal role in the growth of renewable energy and distributed energy resources. As technology costs decline and efficiency improves, we expect to see this market expand rapidly over a short period of time. For example, GTM Research expects the US Energy Storage annual market of deployments to rise fourfold from approximately 220 MW in 2015 to 858 MW in 2019.