in News Departments > New & Noteworthy
print the content item

More than 11 GW of compressed air energy storage (CAES) capacity will be installed worldwide over the next 10 years, finds a new report from Navigant Research.

The report says traditional underground CAES, which is one of only two proven long-duration bulk storage technologies, has been commercially available for more than 30 years. While no new CAES plants have been deployed since 1991, Navigant notes project activity and interest in the technology has grown in recent years and higher-efficiency next-generation CAES technology is also nearing commercialization.

"Rapidly changing energy mixes and increasing renewable energy penetration will continue to introduce instability onto electricity grids worldwide in the coming years, while the volatility of load profiles will challenge grid operators to deliver reliable and secure electricity,” says Kerry-Ann Adamson, research director with Navigant Research.  “These macro conditions will drive demand for CAES, helping to rejuvenate a sector that has been largely dormant for the last two decades.”

The report says growth in this sector will also be driven by advances in isothermal, or adiabatic, CAES, which can be sited anywhere and conveniently scaled using modular units. A handful of players are innovating in this space, and their technology will be commercially validated in the next 12 to 36 months, the study concludes.





Hse SandyHook
Latest Top Stories

NERC CIP Version 5: Security In The Age Of Cyber Warfare

An expert from Waterfall Security Solutions finds that the latest standards are a leap forward for cybersecurity.


Does Income Determine Who Benefits The Most From Smart Grids?

According to the Smart Grid Consumer Collaborative, low-income consumers may be at a disadvantage.


Accenture And Siemens Form Smart Grid Joint Venture

OMNETRIC Group will help utilities improve energy efficiency, grid operations and reliability.


Maine Public Utilities Commission: Smart Meters Are Safe

According to a report by the commission, there is no direct link between smart meters and health issues.


Report: Global Solar Deployment Topped Wind In 2013

Research firm Clean Edge finds that solar surpassed wind for the first time since it began tracking international markets in 2000.

S&C Electric_id176
edf_id