NanoMarkets provides market research and industry analysis of opportunities within advanced materials and emerging energy and electronics markets
REPORT # Nano-609
PUBLISHED December 20, 2012
Batteries and Supercapacitors for the Smart Grid -2013
CATEGORIES :
- Advanced Materials
- Smart Technology
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SUMMARY
Energy storage is a vital component of the Smart Grids that are currently being built around the world. These grids are designed to improve the reliability of electricity transmission and distribution, facilitate the integration of renewable energy generators, and allow long-distance trading of electricity supplies. All of these functions require the grid to offer buffers where electricity can be stored locally.
However, for the most part the technologies up to this task have not been available. To the extent that grids have incorporated storage it has either been through the use of conventional batteries originally targeted towards the automotive industry and which are not optimal for grid storage or through major engineering projects such as compressed air storage which are impossible to replicate generally.
As a result of all this, NanoMarkets believes there are exciting opportunities for manufacturers of batteries and supercapacitors that target emerging applications in the Smart Grid. In 2009, NanoMarkets was one of the first industry analyst firms to identify and quantify these opportunities in a groundbreaking technology. With almost four years of product development and grid deployment behind us, NanoMarkets is releasing this report, which is designed to show where money will be made in grid batteries and supercaps over the next eight years.
While we believe that this report will become required reading for battery and supercapacitor firms, this report also spells out the potential for materials companies and specialty chemical firms who NanoMarkets believes will find considerable new business potential supplying advanced materials – especially nanomaterials — for newer forms of grid storage. In addition, NanoMarkets believes that this report will be of considerable use to utilities and other firms directly involved in the Smart Grid business, since it will show them how the next-generation of batteries and supercaps for Smart Grids will help to enable Smart Grid deployment.
This new report from NanoMarkets reviews the latest applications for grid storage and shows where money can be made in the near-to-medium term future by supplying the batteries and supercapacitors that will meet the coming storage requirements of the grid.
This report provides granular eight-year forecasts of chemical batteries and supercapacitors in both volume shipments and market value, with breakouts by technology type, application, and regions supplied. In addition, this report provides detailed assessments of the strategies being utilized by leading firms active in this space.
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TABLE OF CONTENTS
Executive Summary
E.1 Introduction: Smart Grid Storage and Materials Opportunities
E.1.1 Overview of the Evolving Grid and the Role of Energy Storage
E.1.2 Current Energy Storage Options
E.2 Opportunities for Materials Producers
E.3 Key Firms to Watch in the Smart Grid Energy Storage Landscape
E.3.1 Lead Acid-Based Energy Storage Companies
E.3.2 Lead Carbon-Based Energy Storage Companies
E.3.3 High Temperature Battery Companies
E.3.4 Flow Battery-Based Energy Storage Companies
E.3.5 Supercapacitor-Based Energy Storage Companies
E.4 Summary of NanoMarkets' Eight-Year Forecasts for Grid StorageChapter One: Introduction
1.1 Background to This Report
1.1.1 Current Grid Storage Landscape
1.1.2 Near-Term Applications for Chemical Storage on the Smart Grid
1.1.3 Future Advantages of Chemical Storage on the Smart Grid
1.2 Objectives and Scope of this Report
1.3 Methodology of this Report
1.4 Plan of this ReportChapter Two: Materials and Technology for Battery and Supercapacitor Smart Grid Storage
2.1 Introduction: Crucial Need for Advanced Grid Storage Solutions
2.1.1 Overview of the Present Grid and the Future Grid Including Grid Storage
2.1.2 The Need for Grid Storage Going Forward
2.1.3 Smart Grid Storage Options: Batteries and Supercapacitors
2.1.4 Materials Opportunities for Grid Storage
2.2 Traditional Grid Storage Solutions
2.2.1 Lead Acid and Advanced Lead Acid Batteries
2.2.2 Metal Hydride Batteries
2.2.3 Sodium Sulfur Batteries
2.3 Advanced Battery Solutions
2.3.1 Vanadium Redox Flow Battery Systems
2.3.2 Zinc Bromine and Other Hybrid Flow Battery Systems
2.3.3 Lithium-Ion Batteries
2.3.4 Sodium Metal Halide Batteries
2.3.5 Liquid Metal Batteries
2.3.6 Ultrabatteries
2.4 Chemical Storage Materials Roadmap
2.5 Supercapacitors for Grid Storage Applications
2.5.1 Current Supercapacitor Technologies and Applications
2.5.2 Expanded Role for Supercapacitors in Grid Storage Applications
2.5.3 Supercapacitor Materials Roadmap
2.6 Key Points from this ChapterChapter Three: Company Profiles
3.1 Advanced Lead Acid Companies
3.1.1 Axion Power International
3.1.2 C&D Technologies
3.1.3 Ecoult
3.1.4 Enersys
3.1.5 Exide Technologies
3.1.6 Firefly International Energy
3.1.7 Ultralife Batteries
3.2 Advanced Lithium-Ion Companies
3.2.1 A123 systems
3.2.2 Altair Nanotechnologies
3.2.3 Boston Power
3.2.4 Ener1 and Valence Technologies
3.2.5 Hitachi Maxell
3.2.6 Johnson Controls
3.2.7 Kyushu Electric Power and Mitsubishi Heavy Industries
3.2.8 Nexeon
3.2.9 Panasonic/Sanyo
3.2.10 SAFT Groupe
3.3 Sodium Sulfur Companies
3.3.1 GeoBattery
3.3.2 NGK Insulators Ltd/Tokyo Electric Power (TEPCO)
3.4 Sodium Metal Halide Battery Companies
3.4.1 Fiamm Sonik
3.4.2 General Electric
3.5 Zinc Bromide Storage Companies
3.5.1 Premium Power Corp.
3.5.2 ZBB Energy
3.6 Vanadium Redox-Based Technology Companies
3.6.1 Cellennium Limited (Thailand)
3.6.2 Cellstrom GmbH
3.6.3 Deeya Energy
3.6.4 Prudent Energy (Formerly VRB Power Systems, Formerly Pinnacle VRB)
3.6.5 RedT
3.6.6 Sumitomo Electric Industries
3.6.7 V-Fuel Pty Ltd
3.7 Others Battery System Companies
3.7.1 Ambri (Formerly Liquid Metal Battery Corporation)
3.7.2 Aquion (Sodium Ion/Water Electrolyte)
3.7.3 Cobasys (Metal Hydride)
3.7.4 Revolt (Zinc Air)
3.8 Chinese Battery Companies
3.8.1 Advanced Battery Technologies
3.8.2 China BAK
3.8.3 China Ritar Power
3.9 Supercapacitor Companies
3.9.1 EnerG2
3.9.2 Maxwell Technologies
3.9.3 NEC/Tokin
3.9.4 Nesscap
3.9.5 Siemens
3.10 Key Points from this ChapterChapter Four: Eight Year Forecasts
4.1 Forecasting Methodology
4.1.1 Data Sources
4.1.2 Demand Drivers
4.1.3 Clean Power Mandates that Create Grid Storage Opportunities
4.1.4 Impact of China’s Grid Strategy on Grid Storage Demand
4.1.5 Storage Roadmap for Grid Storage
4.2 Eight-year Forecast of Materials Used in Smart Grid Storage Batteries and Supercapacitors
4.2.1 Chemical Storage Technologies
4.2.2 Supercapacitor Storage Technologies
Acronyms and Abbreviations Used In this Report
About the AuthorList of Exhibit
Exhibit E-1: Worldwide Market for Chemical Grid Storage Batteries
Exhibit E-2: Worldwide Supercapacitor Market
Exhibit E-3: Total Grid Storage Market-Chemical Storage Batteries and Supercapacitors($ Millions)
Exhibit 4-1: Cost per kilowatt hour (kWh) of Leading Chemical Storage Batteries and Supercapacitors
Exhibit 4-2: Worldwide Market for Chemical Grid Storage Batteries (Volume in MWh Storage)
Exhibit 4-3: Worldwide Market for Chemical Grid Batteries (Revenue in $ Millions)
Exhibit 4-4: World Market for Chemical Grid Storage Batteries by Use (Volume in MWh)
Exhibit 4-5: World Market for Chemical Grid Storage Batteries by Use (Revenue in $ Millions)
Exhibit 4-5: World Market for Chemical Grid Storage Batteries by Use (Revenue in $ Millions)
Exhibit 4-6: Americas Market for Chemical Grid Storage Batteries by Use (Volume in MWh)
Exhibit 4-7: Americas Market for Chemical Grid Storage Batteries by Use (Revenue in $Millions)
Exhibit 4-8: European Market for Chemical Grid Storage Batteries by Use (Volume in MWh)
Exhibit 4-9: European Market for Chemical Grid Storage Batteries by Use (Revenue in $ Millions)
Exhibit 4-10: Africa/Middle East Market for Chemical Grid Storage Batteries by Use (Volume in MWh)
Exhibit 4-11: Africa/Middle East Market for Chemical Grid Batteries by Use (Revenue in $Millions)
Exhibit 4-12: Asian Market (Exclusive of Japan) for Chemical Grid Batteries by Use (Volume in MWh)
Exhibit 4-13: Asian Market (Exclusive of Japan) for Chemical Grid Storage Batteries by Use (Revenue in $ Millions)
Exhibit 4-14: Japanese Market for Chemical Grid Storage Batteries by Use (Volume in MWh)
Exhibit 4-15: Japanese Market for Chemical Grid Storage Batteries by Use (Revenue in $ Millions)
Exhibit 4-16: Worldwide Market for Chemical Grid Storage Batteries by Region (Volume in MWh)
Exhibit 4-17: Worldwide Market for Chemical Grid Storage Batteries by Region (Revenue in $ Millions)
Exhibit 4-18: Cost of Smart Grid Supercapacitors (Dollars per Megafarad)
Exhibit 4-19: World Market for Smart Grid Supercapacitors (Volume in Megafarads)
Exhibit 4-20: World Market for Smart Grid Supercapacitors (Revenue in $ Millions)
Exhibit 4-21: Americas Market for Smart Grid Supercapacitors (Volume in Megafarads)
Exhibit 4-22: Americas Market for Smart Grid Supercapacitors (Revenue in $ Millions)
Exhibit 4-23: European Market for Smart Grid Supercapacitors (Volume in Megafarads)
Exhibit 4-24: European Market for Smart Grid Supercapacitors (Revenue in $ Millions)
Exhibit 4-25: Middle East/Africa Market for Smart Grid Supercapacitors (Volume in Megafarads)
Exhibit 4-26: Middle East/Africa Market for Smart Grid Supercapacitors (Revenue in $ Millions)
Exhibit 4-27: Asian (Excluding Japan) Market for Smart Grid Supercapacitors (Volume in Megafarads)
Exhibit 4-28: Asian (Excluding Japan) Market for Smart Grid Supercapacitors (Revenue in $ Millions)
Exhibit 4-29: Japanese Market for Smart Grid Supercapacitors (Volume in Megafarads)
Exhibit 4-30: Japanese Market for Smart Grid Supercapacitors (Revenue in $ Millions)
Exhibit 4-31: Worldwide Forecasts for Grid Supercapacitors by Country (Volume in Megafarads)
Exhibit 4-32: Worldwide Forecasts for Grid Supercapacitors by Country (Revenue in $ Millions)
