Posted by Heidi Schwartz
A quarter-century ago, the batteries utilities used were often kept in a dusty room, tested once a year, and used only to restart a generator during outages. But today, batteries are becoming a major part of many utilities’ overall energy delivery and management strategies. As energy storage proliferates, many users are learning that they can’t just put energy storage and power control systems together to create value. Batteries have a finite asset life, and their use affects asset life and return on investment. Getting the most value out of these energy storage installations requires the use of intelligent energy storage management systems (ESMS).
GTM Research’s Energy Storage Management Systems 2015-2019 report estimates that the U.S. market for energy storage management systems (ESMS) will grow tenfold through 2019, creating a significant opportunity for players in the space.
This new report provides a comprehensive look at the growing ESMS market, including definitions, market drivers and barriers, financing information, selected users and case studies, vendors and deployments, and in-depth market potential coverage and forecasting.
To download the report, click this link.