READING, Pa. —
EnerSys is entering the large-scale energy storage market with its megawatt
hour scale energy management system for utilities and large industrial
applications, OptiGrid Stored Energy Solutions.
OptiGrid Stored Energy Solutions answers a critical need in the marketplace
and, as such, may provide significant growth opportunities for EnerSys,"
said John D. Craig, chairman and chief executive officer of EnerSys.
"Industry analysts forecast that the global market for large scale energy
storage over the next 10 to 20 years could be between $200 - $600 billion. We
believe the large scale energy storage market is poised for growth in the near
and long term and could reach two to four gigawatts by 2016."
stabilization is a prime concern among today''s utilities, as they balance
supply and demand and cope with issues such as voltage regulation, frequency
regulation, peak management and renewable power integration. In addition, power
disturbances are a major cost and concern today for both utilities and
industry. It is estimated that the U.S. economy is losing between $119 billion
and $188 billion annually from power outages and power quality issues.
RELATED: Megawatt class power storage solution demonstrated
storage systems, such as OptiGrid Stored Energy Solutions, are effective tools
for power grid stabilization. According
to the Electricity Storage Association, electric utilities are among the
largest owners and users of electrochemical battery systems. Furthermore, Frost
and Sullivan''s research service predicts that electric energy storage
technologies will be an inseparable part of smart grids and distributed energy
generating systems in the future.
turnkey, utility-scale capacity optimization system, OptiGrid Stored Energy
Solutions is available in the full range of battery chemistries offered by EnerSys,
making it one of the most comprehensive, large-scale energy storage systems
Energy Storage Solutions can be customized with one or more of the proven
chemistries of EnerSys®, including tubular technology, traditional flat plate
valve regulated, traditional flat plate flooded, lithium ion and/or advanced
lead acid designs and alloys marketed under the well-known brand names such as
PowerSafe® and DataSafe® batteries.