Navigant: More Than Half of Energy Storage Projects to Use Li-Ion Batteries

 Navigant: More Than Half of Energy Storage Projects to Use Li-Ion Batteries

Lithium ion batteries will be used in more than half of newly announced energy storage system (ESS) projects and was a majority of deployed storage systems in 2015.
 
In its newest report, Energy Storage Tracker 1Q16, Navigant Research said li-ion batteries accounted for 51.2 percent of newly announced EES capacity and 85.6 percent of deployed ESS power capacity in 2015. An estimated 1,653.5 MW of new ESS were announced around the world in 2015, with just more than one-third coming from North America.

Li-ion batteries are the most popular technology for distributed energy storage systems and behind-the-meter market segments, which accounted for 12 percent of new system capacity announced in 2015.

Navigant Research provided a database of 1,119 projects encompassing at least 43,305 individual systems organized by 11 criteria, plus analysis of regional technology choices and market shares. The database tracks the number of projects, as well as the country, region, market segment, capacity, status, technology vendor, systems integrator, applications, funding, investment and key milestones of each project.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...