Energy Storage for Microgrids

Advanced Flow, Advanced Lead-Acid, Advanced Lithium Ion, and Sodium Metal Halide Batteries and Flywheels for Grid-Tied and Remote Microgrid Applications

As the microgrid market continues to grow over the next 10 years, so too will the opportunities for energy storage in microgrids. High diesel fuel prices, a greater push toward renewable resources in microgrids, and ancillary service market reforms will underscore the business case for energy storage for microgrids. The services that energy storage systems (ESSs) will deliver to microgrids are not dissimilar to the services that an ESS delivers to the traditional grid: resource optimization (fuel, PV, wind), resource integration (PV, wind), stability (frequency, voltage), and load management.

Each microgrid is a unique response to a customer need. Whether energy storage is incorporated in a system is a strong function of the microgrid systems integrator, the customers’ technological sophistication, and budget. Advanced batteries and (in some cases) flywheels will take progressively more market share from traditional lead-acid chemistries as microgrid systems become more sophisticated and demanding. Navigant Research forecasts that global revenue for energy storage in microgrids will grow from $662 million in 2014 to more than $4 billion in 2024.

This Navigant Research report analyzes the global market for energy storage in microgrids in six key segments: grid-tied customer-owned, grid-tied utility-owned, grid-tied military, remote customer-owned, remote utility-owned, and remote military microgrids. The study defines the different microgrid types and provides an analysis of the ESS services and market drivers associated with energy storage in microgrids. Global market forecasts for capacity and revenue, segmented by region, technology, and microgrid type, extend through 2024. The report also examines the main technologies related to microgrid software and controls, with a focus on advanced batteries and flywheels, and provides profiles of the key industry players.

Key Questions Addressed:
  • What is the business case for energy storage in a microgrid?
  • How does energy storage compare to diesel in a microgrid?
  • What are the key services that energy storage delivers to microgrids?
  • What is the market opportunity and segmentation for energy storage in grid-tied and remote microgrids?
  • Which energy storage technologies will be winners in the microgrid market?
  • What is the market size for advanced batteries and flywheels across six microgrid segments?
Who needs this report?
  • Microgrid integrators
  • Solar PV and wind energy equipment manufacturers
  • Solar PV and wind energy project developers and operators
  • Energy storage solutions providers
  • Battery manufacturers and component providers
  • Utilities and grid operators
  • Government agencies
  • Investor community

Table of Contents

1. Executive Summary

1.1 Overview

2. Market Issues

2.1  Defining Microgrids

2.1.1   Grid-Tied

2.1.1.1  Customer-Owned

2.1.1.2  Utility-Owned

2.1.1.3  Military

2.1.2   Remote

2.1.2.1  Customer-Owned

2.1.2.2  Utility-Owned

2.1.2.3  Military

2.2  Energy Storage System Services for Microgrids

2.3  Key Market Drivers

2.3.1   Improving Renewables Penetration in Microgrids

2.3.2   Ancillary Services to the Centralized Grid

2.3.3   Remote Microgrids: Diesel Offset

2.3.3.1  Diesel Costs

2.3.3.2  Diesel Offset versus ESMG Capital Expenditure

2.3.3.3  Diesel Offset versus ESMG Cost over Time

3. Technology Issues

3.1  Introduction

3.2  Microgrid Software and Controls

3.2.1   Flywheels

3.2.2   Advanced Li-ion

3.2.3   Advanced Lead-Acid

3.2.4   Flow Batteries

3.2.5   Sodium Metal Halide

4. Key Industry Players

4.1  Introduction

4.2  Energy Storage Technology and System Providers

4.2.1   A123 Energy Solutions

4.2.2   Aquion Energy

4.2.3   EnStorage

4.2.4   Moixa

4.2.5   ZBB Energy

4.3  Microgrid Integrators with Storage Solutions

4.3.1   ABB

4.3.2   General Electric Digital Energy

4.3.3   Raytheon

4.3.4   S&C Electric Co.

4.3.5   Sunverge Energy

4.3.6   Toshiba

4.4  Software and Controls Specialists: Microgrids and Storage

4.4.1   Ampard

4.4.2   Green Energy Corp.

4.4.3   Greensmith Energy Management Systems

4.4.4   Growing Energy Labs Inc.

4.4.5   HOMER Energy

4.4.6   Spider9

4.4.7   Spirae, Inc.

4.4.8   Xtreme Power

4.4.9   Younicos

5. Market Forecasts

5.2  ESSs for Microgrids by Region

5.3  ESSs for Microgrids by Technology

5.4  Microgrid Type

5.5  Conclusions and Recommendations

6. Company Directory
7. Acronym and Abbreviation List
8. Table of Contents
9. Table of Charts and Figures
10. Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

  • Installed Energy Storage Energy Capacity in Microgrids by Technology, World Markets: 2014-2024
  • Cumulative Net Present Value of Energy Storage Technologies Integrated in Remote Microgrids by Battery Type, World Markets: 2013-2023
  • Installed Energy Storage Power Capacity in Microgrids by Region, World Markets: 2014-2024
  • Installed Energy Storage Revenue in Microgrids by Region, World Markets: 2014-2024
  • Installed Energy Storage Power Capacity in Microgrids by Technology, World Markets: 2014-2024
  • Installed Energy Storage Revenue in Microgrids by Technology, World Markets: 2014-2024
  • Installed Energy Storage Power Capacity in Microgrids by Microgrid Type, World Markets: 2014-2024
  • Installed Energy Storage Revenue in Microgrids by Microgrid Type, World Markets: 2014-2024

List of Tables

  • Installed Energy Storage Energy Capacity in Microgrids by Technology, World Markets: 2014-2024
  • Technology Composition of Deployed Microgrids, World Markets: 4Q 2013
  • Estimated Microgrid Component Prices, Key Markets: 2013
  • Remote Microgrid Diesel Prices, Key Markets: 4Q 2013
  • Size Distribution of Deployed Microgrids and First Year Fuel Savings at Low and High Diesel Costs:
    4Q 2013
  • Cumulative Net Present Value of Energy Storage Technologies Integrated in Remote Microgrids by Battery Type, World Markets: 2013-2023
  • Operating and Cost Characteristics of Energy Storage Technologies in Microgrids: 4Q 2013
  • Installed Energy Storage Power Capacity in Microgrids by Region, World Markets: 2014-2024
  • Installed Energy Storage Power Capacity in Microgrids by Technology, World Markets: 2014-2024
  • Installed Energy Storage Power Capacity in Microgrids by Microgrid Type, World Markets: 2014-2024
  • Installed Energy Storage Energy Capacity in Microgrids by Region, World Markets: 2014-2024
  • Installed Energy Storage Energy Capacity in Microgrids by Technology, World Markets: 2014-2024
  • Installed Energy Storage Energy Capacity in Microgrids by Microgrid Type, World Markets: 2014-2024
  • Installed Energy Storage Revenue in Microgrids by Region, World Markets: 2014-2024
  • Installed Energy Storage Revenue in Microgrids by Technology, World Markets: 2014-2024
  • Installed Energy Storage Revenue in Microgrids by Microgrid Type, World Markets: 2014-2024
  • New Installed Energy Storage Power Capacity by Technology and Microgrid Type, North America: 2014-2024
  • New Installed Energy Storage Power Capacity by Technology and Microgrid Type, Europe: 2014-2024
  • New Installed Energy Storage Power Capacity by Technology and Microgrid Type, Asia Pacific: 2014-2024
  • New Installed Energy Storage Power Capacity by Technology and Microgrid Type, Latin America: 2014-2024
  • New Installed Energy Storage Power Capacity by Technology and Microgrid Type, Middle East: 2014-2024
  • New Installed Energy Storage Power Capacity by Technology and Microgrid Type, Africa: 2014-2024
  • New Installed Energy Storage Energy Capacity by Technology and Microgrid Type, North America: 2014-2024
  • New Installed Energy Storage Energy Capacity by Technology and Microgrid Type, Europe: 2014-2024
  • New Installed Energy Storage Energy Capacity by Technology and Microgrid Type, Asia Pacific: 2014-2024
  • New Installed Energy Storage Energy Capacity by Technology and Microgrid Type, Latin America: 2014-2024
  • New Installed Energy Storage Energy Capacity by Technology and Microgrid Type, Middle East: 2014-2024
  • New Installed Energy Storage Energy Capacity by Technology and Microgrid Type, Africa: 2014-2024
  • New Installed Energy Storage Revenue by Technology and Microgrid Type, North America: 2014-2024
  • New Installed Energy Storage Revenue by Technology and Microgrid Type, Europe: 2014-2024
  • New Installed Energy Storage Revenue by Technology and Microgrid Type, Asia Pacific: 2014-2024
  • New Installed Energy Storage Revenue by Technology and Microgrid Type, Latin America: 2014-2024
  • New Installed Energy Storage Revenue by Technology and Microgrid Type, Middle East: 2014-2024
  • New Installed Energy Storage Revenue by Technology and Microgrid Type, Africa: 2014-2024
  • ESMG Services by Microgrid Type

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