20. February 2012 · Comments Off · Categories: News · Tags: , , , ,

The U.S. energy storage market is robust and offers tremendous potential for growth over the next 5 years according to the findings of a just released study sponsored by the Copper Development Association (CDA) and conducted by KEMA, Inc. The study, entitled Market Evaluation for Energy Storage in the United States determines the current market for grid energy storage in the U.S. and the associated copper demand in storage applications over the next five years. Thermal energy storage, pumped hydro power, compressed air energy storage (CAES), and distributed applications currently constitute the majority of the energy storage market and are used to support the integration of renewables such as wind power and solar photovoltaics. .

via U.S. Grid Energy Storage Market is Strong and Poised for Exponential Growth | AltEnergyMag Press Release.