Energy Storage Projects Continue to Increase Worldwide, Rising 8% in the First Half of 2012
Pike Research,
July 5, 2012
According to a new
tracker report, “Energy Storage Tracker,” the number of energy
storage projects deployed on a global basis continues to rise as
technologies move at a variety of speeds toward commercialization. The
total number of energy storage projects deployed and announced
(including inactive projects) rose 8%, from 600 to 649 during the first
half of 2012, the tracker report finds. The number of deployed projects
increased over those 6 months from 482 to 514. The region with the
largest base of energy storage is Asia Pacific, which has just over 60
gigawatts of cumulative installed capacity. However, the market remains
dogged by three criticisms: the market is overstated (projects have been
announced but are not online); energy storage is too expensive; and
advanced storage technologies are dependent on government support.
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