Global Stationary Flow Battery Energy Storage Market Analysis Report 2023-2030: Demand for Longer Duration Storage will Drive Future Growth Potential with CellCube, ESS, & Redflow at the Forefront

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Sep 14, 2023, 13:15 ET

DUBLIN, Sept. 14, 2023 /PRNewswire/ -- The "Global Stationary Flow Battery Energy Storage Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

This study provides a broad overview of the global stationary flow battery energy storage market, identifying the factors driving and restraining growth. The increasing adoption of renewable sources of power, particularly in the utilities and commercial and industrial (C&I) sectors, has driven the demand for long-duration energy storage systems.

Flow batteries for energy storage make economic sense in many countries that have access to the resources used in electrolytes. They have gained attention for the advantages (non-flammability, long lifecycles, etc.) they provide over lithium batteries.

The study also examines the investment commitments towards the development of flow batteries made by the stakeholders in the industry. The base year is 2022, and the forecast period is 2023 to 2030.

KEY ISSUES ADDRESSED:

What is the value proposition of flow battery energy storage as long-duration energy storage?
What are the advantages and disadvantages of the different types of flow batteries? How do they compare with the advantages and disadvantages of lithium batteries?
What is the installed capacity of flow battery storage assets globally, and what is the total storage capacity addition potential by region and storage type during the forecast period?
Who are the key end users, and what are some of the flow battery hotspots globally?
What are the factors considered when adopting energy storage technologies?
What degree of policy support is available for value chain participants in different regions across the globe?
Who are the key players in the vanadium flow battery value chain?
What are the growth opportunities available for new entrants and existing players?

Growth Opportunities

Electrolyte-as-a-Service
Strategic Partnerships
Advanced Materials and Electrolyte Efficiency

A selection of companies mentioned in this report includes

CellCube Inc.
ESS Inc.
ZFBs
Redflow Limited

Key Topics Covered:

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top 3 Strategic Imperatives on the Stationary Flow Battery Energy Storage Industry
Growth Opportunities Fuel the Growth Pipeline Engine
Key Findings

Growth Opportunity Analysis - Why Flow Batteries?

Scope of Analysis
Flow Battery Energy Storage Use Cases
Key Considerations in Choice of Energy Storage
Energy Storage Technology Ecosystem
Comparison of Alternatives to Flow Batteries
Types of Flow Batteries
Key Flow Battery Chemistries Compared with Li-ion
Growth Drivers
Growth Restraints

Growth Opportunity Analysis - Global Forecasts

Annual Flow Battery Energy Storage Capacity Addition by Region
Annual Flow Battery Energy Storage Capacity Addition by End User
Annual Flow Battery Energy Storage Capacity Addition by Flow Battery Type
Installed Flow Battery Energy Storage Capacity by Flow Battery Type

Growth Opportunity Analysis by Flow Battery Type

VRFBs
Annual VRFB Storage Capacity Addition by Region
Annual VRFB Storage Capacity Addition by End User
Competitive Landscape
Key VRFB Manufacturers - Europe & North America
Key VRFB Manufacturers - China & East Asia
Status of VRFB
Other New Chemistries

For more information about this report visit https://www.researchandmarkets.com/r/a4las6

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