Energy storage technologies, which offer the promise of enabling a wide range of long-duration and short-duration applications for purposes of balancing electricity grid operations, are gaining increased momentum in the global marketplace. While the industry still faces a variety of challenges including technology development and the need for cost reduction, Pike Research’s analysis indicates that nearly 600 energy storage projects have been announced or deployed worldwide, with a surge of new project activity during the past decade.

The energy storage market is dynamic, but still immature where most technologies are concerned. In addition, the wide variety of technologies, applications, and lead times for installations in this sector can make it difficult for many industry participants to analyze the overall market. By systematically compiling the available data on all projects around the world, Pike Research’s energy storage tracker allows us to identify key market trends on a holistic basis.

This Pike Research tracker provides a comprehensive database of worldwide energy storage projects, including quantitative and qualitative analysis of key trends within the various application and technology segments. The tracker provides key facts and figures for each project including capacity, location, primary and secondary applications, technologies utilized, and investment cost where available.

Key Questions Addressed:

• What are the leading regions for energy storage projects (and capacity) globally?
• What are the leading market segments for energy storage projects (and capacity) globally?
• What are the leading technologies for energy storage projects globally?
• What is the market share of individual technologies and vendors in the global energy storage market?
• How many (and what is the capacity of) energy storage projects that have been announced and deployed?
• What are the leading technologies and market segments for each global region?
• How has the rate of energy storage installations varied over time?

Who needs this report?

• Utilities and grid operators
• Power plant owners and operators
• Energy storage technology vendors
• Energy storage integrators
• Battery vendors and component supplies
• Renewable energy technology providers
• Renewable energy project developers
• Government agencies
• Investor community

Table of Contents

1.      Executive Summary

1.1  Purpose

1.2  What is Included?

2.      Status of Energy Storage Projects

2.1  Tracking

2.2  Projects by Status

3.      Energy Storage by World Region

3.1  Regional Market Share by Capacity

3.2  Regional Market Share by Number of Installations

4.      Energy Storage by Market Segment

4.1  Segment Market Share by Capacity

4.2  Segment Market Share by Installations

5.      Energy Storage by Technology

5.1  Technology Market Share by Capacity

5.2  Technology Market Share by Installations

6.      Energy Storage by Application

6.1  Purpose

6.2  Energy Storage Installations

7.      Energy Storage over Time

7.1  Rise over the Last Decade

7.2  Steady Growth

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

List of Charts and Figures

• All Announced Energy Storage Capacity, World Markets: 4Q11
• Energy Storage Projects by Status, World Markets:  4Q11
• Energy Storage Projects by Status, Excluding Pumped Storage, World Markets:  4Q11
• Cumulative Storage Capacity by Region, World Markets: 4Q11
• Cumulative Storage Capacity by Region, Excluding Pumped Storage, World Markets:  4Q11
• Cumulative Energy Storage Installations by Region, World Markets: 4Q11
• Cumulative Storage Installations by Region, Excluding Pumped Storage, World  Markets:  4Q11
• Cumulative Energy Storage Capacity by Market Segment, World Markets: 4Q11
• Cumulative Energy Storage Capacity by Market Segment, Excluding Pumped Storage, World Markets:  4Q11
• Cumulative Energy Storage Installations by Market Segment, World Markets: 4Q11
• Cumulative Energy Storage Installations by Market Segment, Excluding Pumped Storage, World Markets:  4Q11
• Cumulative Energy Storage Capacity by Technology, World Markets: 4Q11
• Cumulative Energy Storage Capacity by Technology, Excluding Pumped Storage, World Markets  4Q11
• Cumulative Energy Storage Installations by Technology, World Markets: 4Q11
• Cumulative Energy Storage Installations by Technology, Excluding Pumped Storage, World Markets:  4Q11
• Cumulative Energy Storage Installations by Application, World Markets: 4Q11
• Cumulative Energy Storage Installations by Application, Excluding Pumped Storage, World Markets: 4Q11
• Energy Storage Installations, by Decade, World Markets: 4Q11
• Cumulative Energy Storage Installations, by Decade, World Markets: 4Q11

List of Tables

• Technologies Captured in the Pike Research Energy Storage Tracker
• Energy Storage Projects, Asia Pacific
• Energy Storage Projects, Europe
• Energy Storage Projects, North America
• Energy Storage Projects, Rest of World
• Energy Storage Projects, Community and Residential Segment
• Energy Storage Projects, Bulk Storage Segment
• Energy Storage Projects, Ancillary Services Segment
• Energy Storage Projects, Commercial Buildings (non-UPS) Segment
• Energy Storage Projects, Remote/Off-Grid Segment
• Energy Storage Projects, Thermal
• Energy Storage Projects, All Regions and All Segments