Market entrants are leveraging diverse backgrounds to meet a variety of customer needs and provide flexible solutions
A new Leaderboard report from Navigant Research examines the strategy and execution of 14 leading energy storage systems integrators (ESSIs) in the utility-scale market, providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses.
As the energy storage industry continues to develop, the role of the systems integrator is becoming more and more important. Energy storage systems (ESSs) will increasingly need to serve different applications—ranging from short-duration and high-power ancillary services to long-duration time shifting of energy—and systems integrators will be responsible for managing this complexity by designing systems that can provide maximum value to both the grid and the system owners. Click to tweet: According to a new Leaderboard report from @NavigantRSRCH, AES Energy Storage and RES are the leading utility-scale energy storage systems integrators in terms of strategy and execution.
“As the utility-scale energy storage industry continues to evolve, the leaders in this space will be companies with flexible offerings suited for a number of different grid services and customer types,” says Alex Eller, research analyst with Navigant Research. “AES Energy Storage and RES serve primarily as full project developers that also have in-house systems integration and software and controls expertise, which is a model Navigant Research believes offers great scalability.”
Currently, a variety of players from different backgrounds are entering utility-scale energy storage systems integration space, including those with experience in renewable project development, utility ownership, electrical grid equipment and services, battery manufacturing, civil and electrical engineering services, and innovative energy management systems. According to the report, this emerging trend allows industry participants to leverage their diverse backgrounds to provide a range of solutions, allowing them flexibility in meeting the needs of various customers.
The report, Navigant Research Leaderboard Report: Utility-Scale Energy Storage Systems Integrators, compares the strategy and execution of 14 leading ESSIs focused specifically on the utility-scale market. These companies are rated on 12 criteria: vision; go-to-market strategy; partners; production strategy; technology; geographic reach; sales, marketing, and distribution; product performance; product quality and reliability; product portfolio; pricing; and staying power. Using Navigant Research’s proprietary Leaderboard methodology, vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the global utility-scale ESSI market. An Executive Summary of the report is available for free download on the Navigant Research website.
Contact: Lindsay Funicello-Paul
* The information contained in this press release concerning the report, Navigant Research Leaderboard Report: Utility-Scale Energy Storage Systems Integrators, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.