This report analyzes the worldwide markets for Thermal Energy Storage (TES) in US$ Million and Megawatts (Capacity Installations). The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2024. Market data and analytics are derived from primary and secondary research.
The report further analyzes the Global and regional markets in terms of volume (Capacity Installations in Megawatts) by the following Technology Segments:
Sensible Heat
Others
The report profiles 47 companies including many key and niche players such as:
Abengoa Solar, S.A. (Spain)
Areva S.A.S (France)
Baltimore Aircoil Company, Inc. (US)
BrightSource Energy, Inc. (US)
Burns & McDonnell (US)
Caldwell Energy Company (US)
CALMAC (US)
Chicago Bridge & Iron Company N.V. (CB&I) (The Netherlands)
Cristopia Energy Systems (l) Pvt. Ltd. (India)
Cryogel Thermal Energy Storage (US)
DC Pro Engineering LLC (UAE)
DN Tanks (US)
Dunham-Bush Holding Bhd (Malaysia)
Evapco, Inc. (US)
Fafco Inc. (US)
Finetex EnE Inc. (South Korea)
Goss Engineering, Inc. (US)
Ice Energy (US)
Ice Lings (India)
NEST AS (Norway)
QCoefficient, Inc. (US)
SolarReserve, LLC (US)
Steffes Corporation (US)
Sunwell Technologies Inc. (Canada)
TAS Energy (US)
Key Topics Covered:
1. Industry Overview Thermal Energy Storage (TES): Efficient and Economical Capture of Energy during Lean Period for Fueling Cooling Needs of the Peak Period Superior Attributes and Multiple Benefits of Thermal Energy Storage Technology Drive Widespread Market Adoption Thermal Energy Storage Stay Relevant Despite Rising Popularity of Battery Storage Major Benefits of Thermal Storage Cost-Effective Energy Efficient Ancillary Benefits Grid Benefits Benefits to Service Providers Social and Environmental Benefits Expanding Share of Intermittent Renewable Energy Sources and the Resulting Need for Energy Storage: The Fundamental Growth Driver Booming Renewable Energy Sector Benefits Penetration of Energy Storage Technologies Major Growth Driving Factors for Energy Storage Energy Storage Technologies: Classification Key Energy Storage Technologies & Applications for Electrical, Chemical, Electrochemical, Mechanical and Thermal Energy Thermal Energy Storage Vital for Development Efficient, Disruption-Resistant Grids Global Market Outlook Developing Regions of the World Offers Huge Untapped Market Growth Potential for TES Asia-Pacific Eastern Europe and Central Asia Latin America and Caribbean Sub-Saharan Africa Middle East and North Africa (MENA)
2. Market Trends, Issues & Drivers Growing Investments in Renewable Energy Projects Drive Strong Demand for Thermal Energy Storage Solutions Need for Improved Energy Management amidst Increasing Demand for Electricity Benefits Market Expansion TES at Grid and Distributed Energy Levels TES Systems' Efficiency in Managing Inconsistencies of Wind and Solar Power Generation Spurs Market Demand Thermal Energy Storage Pairing with Solar Generation: Opportunities Galore for Electric Utilities Important Role of TES Systems in Commercialization of Solar Thermal Energy Plants Despite Competition from Latent Heat Storage, Sensible Heat Technology Sustains Dominance Growing Trend towards Green/LEED Buildings Offer Lucrative Market Growth Opportunities TES Techniques Offer Increased Efficiency in Buildings Phase Change Materials-Based Systems Gain Prominence over Molten Salt-Based Thermal Storage Demand for TES in Residential-Commercial HVAC and Commercial Refrigeration Systems on the Rise TES' Energy Efficiency Augments its Application TES Set to Address Peak Demand for Air Conditioning Utility Load Factors Stable and Secure Grid Impact of Climate Change on Air Conditioning Developments in Controls Thermal Energy Storage Offers Cost and Energy Savings to the Cold Storage Sector Evolving IoT Standard and Upcoming Smart Cities to Fuel Large Scale Adoption Thermal Energy Storage Generate Substantial Savings for Educational Institutes Rising Deployments of Smart Grids Augurs Well for TES Market Growth Favorable Demographic and Urbanization Trends Aid Market Growth Key Factors Hampering Market Prospects for TES Technologies
3. Innovations & Advancements Compact TES for Higher Efficiencies and Cleaner Energy FES' (Future-Energy-Solution) TES Technology A Resorption TES System for Seasonal Storage Novel PTC (Parabolic-Trough-Collector) for Residential Solar Heating Graphite-Enhanced PCM for Better Storage Results in TES Twenty Times Increase in Solar TES Capacity Using Graphite Foam PCM-TES for Baby Incubators Cost-Effective and Eco-Friendly TES Systems Novel Thermal Energy Storage System from NEST
4. Product Overview Introduction to Energy Storage Thermal Energy Storage: A Prelude Thermal Energy Storage for Low-, Mid- and High-Temperature Applications Space Consumption and Maintenance of TES Systems Thermal Storage Technologies Sensible Heat Storage Latent Heat Storage Thermo Chemical Heat Storage TES Systems for Ice/Cool Storage Types of Ice Thermal Storage Systems Advantages of Ice Thermal Storage Low Cost of Construction Small Chillers/Heat Rejection Equipment Reduced Pipe and Pump Sizes Low Cost of Energy Shift in Energy Usage Energy Savings Other Advantages Solar Power TES Systems Two-Tank Direct System Two-Tank Indirect System Single-Tank Thermocline System Inter-Seasonal Thermal Storage Systems Small-Scale Thermal Energy Storage (TES) Systems High-Temperature Thermal Energy Storage Full and Partial Thermal Energy Storage Systems Thermal Storage Media Ice/Ice Crystals Concrete Gravel Phase Change Materials Rock Strata Costs of TES Systems
5. Product Innovations/Introductions Siemens and AES Establish Fluence Ice Energy Introduces Residential Ice Storage
6. Recent Industry Activity Ingersoll-Rand Takes Over CALMAC Genbright Partners with Ice Energy Ice Energy Partners with NRG Energy Siemens Unveil Thermal Storage System for Wind Power Con Edison Incentivizes Thermal Energy Storage Installations Axiom Exergy Raises Funds for Thermal Energy Storage Ice Energy Joins Community Storage Initiative Masdar Institute Signs Agreement with EnergyNest
7. Focus on Select Global Players
8. Global Market Perspective
Total Companies Profiled: 47 (including Divisions/Subsidiaries 50)