Flow Battery, the new solution for ESS market
An ESS (Energy Storage System) is a device that stores electric power energy that is delivered from the power plant, transmitted to the substation and distributed to the end consumer. Pumped storage power plant and UPS (Uninterruptible Power Supply) are typical energy storage systems which were widely used from the past. However the application market of ESS is much more diverse and can be classified into 19 areas. Among many ESS technologies, flow battery technology shows high potential and is expected to be applied in various application markets in the future.
This report contains broad range of topics related to flow battery, one of the most influential technology of ESS. The report looks into the history of flow battery and various redox couples and describes component parts of the battery.
In addition, the report includes patent trend analysis of flow battery by country, company and research institution. The trend of major flow battery research institution and companies of each country are covered in the report
The report mainly focuses on the market of the flow battery. About 85 flow batteries (small-scale batteries excluded) were installed in the world until 2012 which is above 343MWh in capacity. The installation market for flow battery is becoming more active in recent years. Flow batteries are mainly used for load leveling, renewable capacity firming, micro grid system, UPS and frequency regulation. The status of the global installation market of flow battery has been examined and analyzed by country, redox couple technology and by year and predictions on market share of flow battery were made with consideration to other ESS technologies. In 2012 the flow battery occupied approximately 0.5% of the ESS market but is expected to increase to 25% by 2020.
[Flow Battery Market Demand Forecast]
Strength of the Report:
- Covers all contents on flow battery history, technologies, component parts and trends of global research institutions and companies.
- Provides trend of flow battery through patent analysis.
- Provides information on global flow battery installation up to 2012.
- Analyzes factors affecting the flow battery market and provides market prediction.
- Contents -
1. Large-Scale Energy Storage Technology Development Status
1.1 Concept of Large-Scale Energy Storage System
1.2 Technology Types and Characteristics of Large-Scale Energy System
1.3. Large-Scale Energy Storage Technology Development Trend by Country
2. Redox Flow Battery Technology
2.1. Necessity for Redox Flow Battery Development
2.2. Understanding Redox Flow Battery
2.3. Redox Flow Battery Technology
3. Redox Flow Battery Application Examples
3.1. Load Leveling
3.2. Power Quality Control Applications
3.3. Coupling with Renewable Energy Sources
3.4. Electric Vehicles
4. Redox Flow Battery Recent Technology Issues and Development Trends
4.1. Low Cost
4.2. High Power Large Size Stack
4.3. High Energy Density
5. Redox Flow Battery Patent Trend
5.1. Redox Flow Battery Patent Analysis Range and Standard
5.2. Patent Trend by Country
5.3. Patent Trend by Technology Type
5.4. Patent Applicant Trend
6. Technology Development and Business Trends of Major Research Institutions and Company
6.1. United States
7. Flow Battery Market Forecast
7.1. Flow Battery Installation by Maker (~2012)
7.2 Worldwide Flow Battery Installation
7.3 ESS Market Status (USA)
7.4 Flow Battery Installation Case Study
7.5 Flow Battery Market Factor Analysis
7.6 Flow Battery Market Forecast (~2020)
|Panasonic has no plans for new Tesla battery plant in China: CEO [Reuters]||2019-11-25|
|Indonesia hopes for environmental nod soon for battery-grade nickel plants [Reuters]||2019-11-25|
|Neoen to expand world's largest lithium ion battery in Australia [Reuters]||2019-11-25|
|Fast Charge Competition||2016-04-22|
|Growth of Global LIB 4 Main Component Market & Intense Competition between Korea China and Japan||2016-04-22|
|Chinese Ban on NCM Batteries in Chinese electric buses||2016-04-04|