Sodium sulfur battery is a
type of molten-salt battery made from liquid sodium and sulfur. This type of
battery possesses high energy density, high efficiency of charge or discharge
and long-life cycle. This type of battery is fabricated from inexpensive materials.
This type of battery is integrated in a sodium-sulfur battery system which is
an energy storage system based on electrochemical charge/discharge reactions
that occur between a positive electrode that is typically made of molten sulfur
and a negative electrode that is made of molten sodium (Na). The major component of sodium sulfur battery
system is elementary cell composed of electrodes, modules, battery systems
composed of large assembling of modules and of a control system, and power
conversion system (PCS). The major application areas for this type of battery
include peak shaving, time shifting, and stabilization of wind farms and solar
generation plants.
The
global sodium sulfur battery Market is set to witness strong growth due technological
advancements and expanded deployment of sodium sulfur batteries in the off-grid.
Moreover, there are various applications where these batteries are used which
include wind power stabilization and energy time shift, solar power
stabilization and energy time shift, frequency control and energy time shift,
renewable power supply system at off-grid, and high efficiency operation of
diesel generator.
Key Players:
The
key players of the global Sodium Sulfur Battery Market are NGK Insulators Ltd.,
KEMET Electronics Corporation, GE Energy Storage, Eagle Picher Technologies
LLC, Ceramatec Inc., Sieyuan Electric Co., Ltd., FIAMM Group, and POSCO, among
others.
Access Complete
Report @ https://www.marketresearchfuture.com/reports/sodium-sulfur-battery-market-7284
Segmental Analysis
The Sodium
Sulfur Battery Market has been segmented based on power rating into 10 MW,
11-25 MW, 26-50 MW, and above 50 MW. 26-50 MW segment is leading the market as
these batteries are increasingly gaining interest from the electric utilities
as a grid energy storage solution for renewable energy sources. Moreover, these
types of batteries possess a higher current density, longer cycle life, and
simplified manufacturing scheme in large scale applications. According to
United Nations Industrial Development Organization, the total current installed
capacity of sodium sulfur batteries in Europe and North America was 37 MW and
20 MW respectively in 2018. All these factors will drive the market for this
particular power rating during the forecast period.
Regional Outlook
Region
wise, Asia-Pacific held the largest market share of the global sodium sulfur battery
Market in 2017. The growth of the market is attributed to the increasing demand
for renewable energy storage system in the residential, commercial, and
industrial end-use applications. Moreover, in 2016, Asia-Pacific contributed
almost 47% in the global investments towards renewable energy. The increasing
investments in the region are driven by many governments in the region who are
ramping up their efforts to increase renewable energy in their overall energy
mix.
View More Info @ https://on.mktw.net/2uLz0u0
About Market Research
Future:
At
Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
No comments:
Post a Comment