Energy storage: a booming market
The growth of renewable energy, the development of new uses for energy (such as electric vehicles and self-consumption), servicing remote areas, etc. — many factors explain the bullish growth in the overall storage industry. In fact, energy storage is particularly important for mitigating demand fluctuations and addressing consumption spikes that typically occur around 7.30pm, which have so far been addressed by relying on fossil fuel power stations or even importing electricity.
Today, no fewer than eight technologies are believed to provide storage of electrical, thermal or cold energy, and research continues to uncover new options. These technologies fall into two broad categories: fixed storage, which allows "use to be shifted in time rather than space" (Ademe), enabling a balance between production and consumption, and attached or portable storage dedicated to mobile applications (mainly are batteries). However, batteries are also used in stationary applications, especially for self-use, microgrids or working with smart networks.
With the continuous development and improvement of energy storage technology, more and more technologies are used to develop energy storage. In addition to dealing with the power generation of battery energy storage systems, clean energy power generation methods such as wind power generation, solar power generation, and thermal energy storage have been widely accepted. BQC's current energy storage business scope covers industrial and commercial energy storage, ship energy storage, ship energy storage and other aspects and different forms of energy storage. If you are a company dedicated to developing energy storage projects, please feel free to contact us, we are always ready to provide you with good support.
