Abstract
This IDC Energy Insights report focuses on utility attitudes and
perceptions toward emerging energy storage technologies, including Lithium-ion batteries, NaS
batteries, flow batteries, flywheels, and compressed air energy storage. Based
on in-depth interviews with utility and energy sector executives, findings
indicate that utilities are intrigued by the evolving capabilities of
energy storage technologies but that opinions about the commercial readiness
of specific technologies vary. The primary factor governing future purchases
of energy storage technologies is cost reduction.
According to Sam Jaffe,
IDC Energy Insights Senior Research Analyst, "There is a place
for all energy storage technologies, from Lithium-ion batteries to flywheels,
in the utility market. But utility interest and enthusiasm for
specific technologies varies markedly due to the perceived technical and
economic readiness associated with each type of energy storage system."
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