Research and Markets has declared the inclusion of a new report titled, "Energy Storage Opportunities in the Wind Power Industry," in its report offerings.
The report produced by NanoMarkets discusses the need for wind-power storage systems, where the markets are available for such systems, different types of energy storage technologies used and available. It also discusses the different storage power requirements at microgrids, distribution and transmission levels.
According to the report, the renewable energy development in any country includes wind power generation because of its bountiful availability. But most of the wind farms in places such as the US, Asia and Europe still not proved to be commercially successful due to vagaries in wind power generation and the supply requirement. Wind power generated during off peak times either goes waste or is sold at reduced rates. Similarly, there are problems in installing wind turbines in highly wind potential areas but remote locations due to paucity of outlets such as factories and homes to consume the generated power.
NanoMarkets finds that there are good and growing opportunities for the energy storage companies in wind power generation segment. The report analyzes and measures the available opportunities. According to the report, energy storage companies can add value to the existing wind firms by providing suitable power storage solutions in order to bring down the risk level in the industry. It suggests that power storage solutions can enable the wind power companies to delink the power generation with the power demand and sell the stored wind generated power to various parts of the country or to other countries.