Featured in The Land of the Rising Sun – 02-2014

Grid-connected storage market set to grow

Storage market: The grid-connected energy storage market will increase from 340 MW in 2013 to more than 6 GW in 2017, according to IHS. The US is set to lead the sector.

A new report by market research firm IHS predicts that the United States will be the largest region for grid-connected energy storage installations between 2012 and 2017, accounting for 43% of installations during that period.Commercial activity in the grid-connected storage market is currently limited to a small number of regions and IHS estimates that only …

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