SBI Reports has been leading industrial market research reporting for more than a decade. The brand established SBI Energy to address the complex nature of the Energy and Resources industry. SBI Energy reports capture data vital to emerging energy market sectors on a global scale. Growth of energy technology, manufacturing, construction, transportation and investment is exciting in its innovations and opportunities, and integral to the advancement of security and science.

 

Energy Storage Market Report: 26.6% Annual Growth in the U.S.

Utilities know they have to figure out how to store energy produced intermittently, such as wind and solar, or store energy from fossil-fuel power plants to keep the grid loaded when wind turbines and solar energy equipment aren’t doing their best. In fact, the global market for utility-scale energy storage could grow 15.8 percent per year to over $10 billion in 2015, according to an SBI Energy report released Wednesday.

 

The storage market has been growing steadily over the years, averag…

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