In the face of rising electricity consumption and increasing levels of variable renewable energy generation around the world, energy storage technologies are being pursued as a means of increasing the flexibility and efficiency of the power grid. In the first half of 2012, new projects were commissioned and announced, utilizing a variety of energy storage technologies. Pike Research’s Energy Storage Tracker provides tactical details on planned and deployed projects for both short and long duration applications.

Pumped hydro storage continues to be the market-leading technology on a global basis, in both developed and emerging markets. However, advanced batteries and other innovative technologies are increasingly found in newly announced pilot projects. The momentum behind these technologies is building despite persistent high costs and a steep learning curve on best practices for project integration. The dynamism of the industry remains high as market participants continue to explore emerging technologies, develop innovative business models for long and short duration applications, and seek new sources of funding for technology and project development.

This Pike Research tracker provides a comprehensive database of worldwide energy storage projects. In addition to the database, the tracker includes qualitative and quantitative analysis of global storage installations segmented by technology, market, and application. Project data is provided on installed capacity, funding sources, and key players involved.

Key Questions Addressed:

• What is the global installed capacity of energy storage?
• What is the global share of energy storage projects by technology?
• What are the leading long duration and short duration applications for energy storage?
• Which global markets have the highest penetration of energy storage, by technology?
• How many energy storage projects have been announced and how many have been commissioned?
• What levels of investment is the industry reporting?
• Which entities are investing in energy storage projects?
• Which utilities and end-users are hosting energy storage projects?

Who needs this report?

• Utilities and grid operators
• Power plant owners and operators
• Energy storage technology vendors
• Energy storage project developers and integrators
• Battery vendors and component suppliers
• Renewable energy technology providers and project developers
• Transmission companies
• Government agencies
• Nonprofits and industry associations
• Investor community

Table of Contents

1.  Executive Summary

1.1  Purpose

2.  Status of Energy Storage Projects

2.1  Overview

2.2  Notable New Project Announcements

2.3  Regional Project Status

3.  Energy Storage by World Region

3.1  Regional Market Share by Capacity

3.2  North America

3.3  Western Europe

3.4  Asia Pacific

3.5  Rest of the World

4.  Installations by Technology

4.1  Technology Market Share by Capacity

4.2  Technology Market Share by Installations

4.2.1   New Technology Installations

5.  Energy Storage by Application or Market Segment

5.1  Application Overview

5.2  Primary and Secondary Applications

6.  Energy Storage over Time

6.1  Market Staged for Growth

7.  Table of Contents
8.  Table of Charts and Figures
9.  Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

• Global Installed Energy Storage Capacity by Region, World Markets: 2Q 2012
• Installations by Project Status, World Markets: 2Q 2012
• Status of Energy Storage Installations by Region, World Markets: 2Q 2012
• Cumulative Energy Storage Capacity by Region and Project Status, World Markets: 2Q 2012
• Cumulative Installed Storage Capacity by Region, World Markets: 2Q 2012
• Cumulative Installed Storage Capacity, Excluding Pumped Hydro, by Region, World Markets: 2Q 2012
• Number of Energy Storage Installations by Technology, North America: 2Q 2012
• Number of Energy Storage Installations by Technology, Western Europe: 2Q 2012
• Number of Energy Storage Installations by Technology, Asia Pacific: 2Q 2012
• Installed Capacity by Energy Storage Technology and Region, World Markets: 2Q 2012
• Energy Storage Capacity by Technology, Excluding Pumped Hydro, World Markets: 2Q 2012
• Energy Storage Installations, by Technology, Excluding Pumped Hydro, World Markets: 2Q 2012
• Energy Storage Capacity, Excluding Pumped Hydro, by Primary Application and Technology, World Markets: 2Q 2012
• Energy Storage Capacity, Excluding Pumped Hydro, by Primary Application and Technology, World Markets: 2Q 2012
• Flow Battery Installations by Primary Application, World Markets: 2Q 2012
• Cumulative Energy Storage Installations by Application, Excluding Pumped Hydro, World Markets: 2Q 2012
• Cumulative Energy Storage Installations, by Decade, World Markets: 2Q 2012

List of Tables

• Energy Storage Projects, All Regions and All Segments
• Energy Storage Projects, North America
• Energy Storage Projects, Western Europe
• Energy Storage Projects, Asia Pacific
• Energy Storage Projects, Eastern Europe
• Energy Storage Projects, Latin America
• Energy Storage Projects, Middle East & Africa
• Energy Storage Projects, Bulk Storage Segment
• Energy Storage Projects, Ancillary Services Segment
• Energy Storage Projects, Community & Residential Segments
• Energy Storage Projects, Commercial Buildings (non-UPS) Segment