Spurred by innovators like Tesla, the energy storage business is growing fast - battery energy storage system

As early as five years ago, Tesla announced plans for a new battery product that will allow homes and large businesses
Expand commercial operations to store the energy of solar panels during power grid outages, or as a backup power supply.
Now, a new report released on Wednesday highlights the leap forward in the new industry --
Energy storage-
And predict its continued growth in the coming year. The U. S.
Energy storage monitoring report is gtmresearch and Energy Storage Association every quarter of a series of your files of part the report the claim that on 2015 a have 6-
Energy storage deployment has doubled since the first quarter.
Ravi Manghani, senior energy storage analyst at GTM Research, said this is a huge leap forward
But not entirely unexpected.
"We are talking about a very new industry," he said . ".
"In that sense, we do expect a bigger jump in some quarters because we are going through this particular quarter.
He said: "The introduction of technologies such as Tesla batteries helps to achieve these benefits.
The country is increasingly interested in batteries and energy storage.
No wonder: the ability to store energy and distribute it later can help utilities meet their customers' power needs on demand, reducing the possibility of investing too muchor too little —
There is electricity supply to the grid any day.
With the expansion of renewable energy sources such as wind and solar power plants nationwide, it is becoming more and more important to develop better storage technologies.
One of the biggest problems with renewable energy is that they can only generate electricity intermittently.
For example, solar panels do not work at night when the sun does not shine.
A major obstacle to improving and expanding these sources of energy is finding ways to store them for later use.
The report divides energy storage across the country into three parts: housing, including private housing;
Including non-residential buildings for commercial and industrial deployment; and utility-
Scale, which may involve largeor small-
The scale of energy storage projects to the power grid. Utility-
Scale deployment accounts for most of the energy storage reported this quarter, accounting for about 87% of the market.
According to the report, one of the main reasons for the increase is the size of the new utility 31. 5-
A megawatt energy storage project opened in Illinois by a company called mobilergy.
On the other hand, residential energy storage accounts for only about 1% of all deployments.
Nevertheless, residential energy storage is still up 61% from the previous quarter, so there is also a considerable increase.
Manghani said the new Tesla battery part is to thank this. “The behind-the-
"The meter's non-residential and residential deployment comes mainly from Tesla's systems," he said . ".
According to Manghani, although Tesla has just publicly announced its Powerwall battery in May, it has deployed energy storage systems for several years in a pilot project.
Many of these systems are deployed in California, the largest residential and non-residential energy storage market in the United States, he said. S.
So far, there have been no utilities
Manghani added the scale deployment of the Tesla power pack.
In the second half of this year and next year, Tesla may become a major player in such large cars.
Scale operation-
But it's not the only one.
Many other companies are deploying similar batteries.
For example, the swiergy project uses an energy storage system developed by BYD's US company.
However, Manghani said that Tesla's $3 o00 battery "gives other competitors the price target they are pursuing, while it certainly makes the conversation more mainstream," and, therefore, in these areas, it gives a boost to the industry.
Forecasts show that interest will only grow in the coming quarters.
The report predicts that a total of 220 MW of energy storage will be deployed in 2015, making it the largest energy storage year to date.
The author predicts that the figure will jump to 858 MW by 2019.
Manghani expects these expansions to drive various areas of the market, including the housing market, which is still relatively small.
As the industry continues to grow, the conversation continues about how to apply it in a better way.
California is already one of the largest energy storage markets in the United States, and people are discussing how to allocate energy throughout the grid.
The conversations, Manghani said, "show the industry is maturing ".
"Instead of speaking in hypothetical terms, it looks at the actual way these systems are deployed and engaged on the grid. ”