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Battery Energy Storage for Enterprises and Industries: Renewables Buffering, Pricing Volatility Mitigation, and Power Resilience

Publish Date: 06 Mar 2024
Code: AN-5842
Research Type: Report
Pages: 15
Research Highlights

Research Highlights

  • BESS installed-based forecasts of aggregated battery storage capacity for enterprise and industries.
  • BESS case studies for industries (mining and data centers)
  • Recommendations on BESS deployments for enterprises and industries.
Critical Questions Answered

Critical Questions Answered

  • What are the key capabilities and benefits of BESS solutions for enterprises and industries?
  • Which companies are the main suppliers of BESS solutions for the Commercial and Industrial (C&I) market?
  • Which are the key battery lifecycle management technologies to support lifetime extension, preventive maintenance, and recycling?
Who Should Read This?

Who Should Read This?

  • C-level strategists at energy utilities and service providers.
  • Decision makers at energy technology companies.
  • Executives at enterprises responsible for energy purchasing strategies.
  • Planners within industrial operations.
  • Governments and regulators.
  • Professional services companies.

Table of Contents

Key Findings

Relevance of Battery Storage in a Changing Energy Landscape
Key BESS Benefits
Recommendations for Enterprises and Industries

Key Forecasts

Total BESS Market
C&I BESS Market

Key Companies and Ecosystems

Key BESS Ecosystem Characteristics
Select BESS C&I Suppliers

Justifying the Case for Battery Storage: Benefits and Use Cases

Buffering Fluctuations in Renewable Energy Availability
Energy Cost Savings and Addressing Volatile Pricing Levels
Sustainability
Reliability, Availability, and Quality
Flexibility, Resilience, Self-Sufficiency, and Independence
Distributed Energy Storage and Grid Stabilization

BESS Technology Aspects

BESS Lifecycle Management Technologies
Battery Technologies—Short- versus Long-Term Storage

BESS Adoption Barriers and Disadvantages

Industrial BESS Case Studies

Mining
Data Centers

Companies Mentioned

  • BYD
  • CATL
  • Cubenergy
  • ESS
  • Fluence
  • Freyr
  • Google
  • HyperStrong
  • Invinity Energy Systems
  • LG
  • LiFe-Younger
  • Microsoft Corporation
  • Mitsubishi Heavy Industries Inc
  • sonnen
  • Sungrow
  • Tecloman
  • Tesla
  • Toshiba Corporation