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Energy storage is a mechanism of storing electricity during the off-peak period and supplying the stored electricity during the on-peak period. An ESS stores the excess electricity, which can be utilized during power shortages, power blackouts, and peak hours of demand. Various technologies such as pumped-hydro storage systems, flywheels, advanced batteries (Li-ion) , and other evolving technologies such as CAES are available for ESS. Li-ion batteries are increasingly being preferred because of their inherent advantages such as high dynamic charge acceptance, longer shelf life, reliability, and lower total cost of ownership. Rapid technological evolution will enable large-scale storage of electricity in Li-ion batteries. Such electricity storage is required when the amount of electricity generated is greater than the electricity demand. <br><br>See Complete Details at:<br>http://www.researchbeam.com/li-ion-battery-for-energy-storage-systems-ess-in-the-us-2015-2019-market
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Li-ion Battery Market for Energy Storage Systems (ESS) in the US 2015-2019
Energy storage is a mechanism of storing electricity during the off-peak period and supplying the stored electricity during the on-peak period. An ESS stores the excess electricity, which can be utilized during power shortages, power blackouts, and peak hours of demand.
CAGR : As per the analysts forecast the Li-ion battery market for ESS in the US to grow at a CAGR of 24.9% over the period 2014-2019.
Key Vendors & Key States: Key States Key Vendors • California • Illinois • West Virginia • A123 Systems • Build Your Dream • Kokam • LG Chem • Panasonice • SAFT • Samsung SDI
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Key Questions Answered: • What will the market size be in 2019 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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