Increasing storage needs fueled by smart grid growth

12/16/2012 | EE Times India (free registration)

As the smart grid reaches maturity and renewable penetration increases, the need for advanced storage solutions will account for one of the fastest growing segments of the energy industry and drive increased competition among manufacturers, analysts report. According to NanoMarkets, among the most significant shifts, lead-acid batteries -- which currently account for more than half the storage market -- will gradually be supplanted by newer technologies such as energy-efficient supercapacitors.

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