The Key Players in Global Lead Acid Battery Market for ESS 2015-2019

Monday 14 September 2015, Amsterdam

Market Research Report Press Release The report, now available on ASDReports, recognizes the following companies as the key players in the Global Lead Acid Battery Market for ESS: Axion Power International, C&D Technologies, EaglePicher Technologies, Ecoult, Enersys, Exide, Princeton Power Systems, Redflow and Surrette Battery Company

Commenting on the report, an analyst said: “Centralized power plants are usually situated in remote locations to minimize the harmful effects of hazardous emissions they discharge. However, centralized power plants incur huge electricity losses that occur during power transmission. This has led to the emergence of decentralized power generation. Most of these plants generate power from renewable energy sources, such as wind and solar, which release less harmful emissions compared to fossil fuels. Hence, the plants can be located in residential areas, which results in reduced loss of energy during transmission. They help in generating and storage of power, and load management. The growing quantum of energy generation from decentralized plants will propel the demand for ESS, and thus drive the demand for lead-acid batteries.”

According to the report, California aggressively focuses on non-hydropower generation to increase power stability and reduce the dependence on fossil fuels. California Public Utilities Commission mandated that the state’s three investor-owned utilities will have to procure more than 1,300 MW of energy storage capacity by 2020, which is likely to increase the lead-acid battery demand. It is difficult for California to meet its aggressive renewable energy goals and GHG reduction mandates without large ESS to help balance intermittent wind and solar resources while keeping the grid stable. ESS can help the state achieve its goal of generating 50% of its electricity from renewable sources by 2030.

Further, the report states that the release of pollutants while manufacturing lead-acid batteries a major challenges affecting market growth.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Global Lead Acid Battery Market for ESS 2015-2019

Global Lead Acid Battery Market for ESS 2015-2019

Publish date : September 2015
Report code : ASDR-218037
Pages : 56

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