Energy Solutions for Energy Industry
Smart Grid stationary energy storage is expected to grow 4 fold by 2015, based on a number of government agendas to reduce carbon foot print and dependency from oil. The U.S. and Europe are expected to take a major share of this market.
As smart grids become more connected and digitally controlled, rapid load following is crucial to maintain stable power supply through the grid. Further, the increased deployment of renewable energy sources, such as wind and solar, will lead to larger fluctuations in the grid based on varying power generation.
Supercapacitors are best suited for load following and complement batteries for energy storage.