By Mee-Hyoe Koo, Contributor What is sustainable investing? Often understood as the incorporation of environmental, social and governance (ESG) analysis into investment decision-making, this is a now growing niche in the world of investment as the asset owners and managers are looking for opportunities for long-term value creation for investors and society. …read more
Source: FULL ARTICLE at Forbes Latest
By Business Wirevia The Motley Fool
Filed under: Investing
Nearly 56 Gigawatts of New Long-Duration Energy Storage to be Installed From 2012 to 2022, Forecasts Pike Research
BOULDER, Colo.–(BUSINESS WIRE)– Rapidly changing energy mixes and increasing volatility in load profiles are challenging grid operators to deliver reliable and secure electricity. These factors are also encouraging demand for long-duration or bulk energy storage, known as energy storage on the grid (ESG). According to a recent report from Pike Research, a part of Navigant’s Energy Practice, the market for ESG will expand rapidly in the coming decade: nearly 56 gigawatts of ESG will be installed from 2012 to 2022, the study concludes.
“Newer and emerging energy storage technologies – such as next-generation compressed air energy storage and pumped storage, as well as advanced batteries – are changing the energy storage space with innovations in efficiency, footprint, materials science, and system flexibility,” says senior research analyst Anissa Dehamna. “These innovations will help enable grid operators to optimize grid assets, defer transmission and distribution upgrades, and integrate renewable energy sources.”
Presently, it is still difficult for many energy storage vendors to make a business case for their technologies based on a single application. To that end, some vendors are layering applications, according to the report. Instead of focusing on a single application, as with traditional energy storage installations, they are delivering solutions for several issues with a single installation. The industry is at a key point, as vendors attempt to fully commercialize technology and develop business cases that highlight total value, rather than simply applications.
The report, “Energy Storage on the Grid”, analyzes the global market for long-duration energy storage and forecasts the amount and revenue associated with this rapidly changing market using an application-driven forecast. The report provides a comprehensive assessment of the demand drivers, business models, policies, and technology issues associated with the ESG market. Key industry players are profiled in depth, and worldwide revenue and capacity forecasts, segmented by technology and region, extend through 2022. An Executive Summary of the report is available for free download on the Pike Research website.
About Pike Research
Pike Research, which joined Navigant’s global Energy Practice on July 1, 2012, provides in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Smart Utilities, Smart Transportation, Smart Industry, and Smart Buildings sectors. Additional information about …read more
Source: FULL ARTICLE at DailyFinance
By Terry Waghorn, Contributor “We live in a world of abundance,” says Hazel Henderson, D.Sc.Hon., FRSA, president of Ethical Markets Media. As a futurist and evolutionary economist, Henderson used her insight to write Creating Alternative Futures: The End of Economics and Politics of the Solar Age. She is also author of the award-winning Ethical Markets: Growing the Green Economy. She leads the Transforming Finance initiative, created the Green Transition Scoreboard®, co-developed with Calvert the GDP alternative now renamed the Ethical Markets Quality of Life Indicators and co-organized the Beyond GDP conference for the European Commission. In preparation and subsequent to the EC conference, Ethical Markets has funded three Beyond GDP surveys, finding strong support worldwide for ESG metrics in national accounting. In 2012, she was named to the Post Growth Institute (En)Rich List as a top 100 luminary inspiring global prosperity beyond economic wealth and received the Award for Outstanding Contribution to Development of ESG & Investing at TBLI Europe. …read more
Source: FULL ARTICLE at Forbes Latest
