SlideShare a Scribd company logo

SESS Market Trends

The Stationary Energy Storage System (SESS) market is witnessing a period of unprecedented growth and transformation. As we stand at the intersection of technology, environmental policy, and consumer behavior, several key trends and drivers are shaping the future of energy storage. The following introduction seeks to encapsulate the essence of these market dynamics. In the wake of global efforts to mitigate climate change, there is an accelerated shift towards renewable energy sources such as solar and wind. However, the intermittent nature of these power sources necessitates reliable storage solutions to ensure a steady supply of electricity. This is where SESS comes into play, providing the critical balancing act between energy generation and consumption. Moreover, the declining costs of battery technologies, driven by innovations and economies of scale, are making SESS increasingly viable and attractive. The confluence of technological advancements, cost reductions, and supportive regulatory frameworks are converging to propel the SESS market forward. Energy policies and incentives have also emerged as vital drivers, as governments worldwide implement measures to encourage the adoption of storage systems. These include subsidies, tax incentives, and mandates that require a certain percentage of power to be derived from renewable sources. Such policies are setting the stage for an era where stored energy can be efficiently harnessed, redistributed, and commercialized.

1 of 7
Download to read offline
Market Trends Correlation
Stationary Energy Storage Systems
The Stationary Energy Storage System (SESS) market is witnessing a period of
unprecedented growth and transformation. As we stand at the intersection of technology,
environmental policy, and consumer behavior, several key trends and drivers are shaping
the future of energy storage. The following introduction seeks to encapsulate the essence of
these market dynamics.
On the demand side, there is a growing awareness and preference for sustainable energy
among consumers and industries alike. This cultural shift is motivating utilities, businesses,
and residential consumers to invest in SESS, not merely for environmental reasons but also
for economic benefits like energy cost savings and improved resiliency against grid
outages.
Furthermore, the technological frontier continues to push boundaries, with advances in
battery chemistry, materials science, and energy management systems like OpenEMS.
Innovations such as solid-state batteries, liquid metal batteries, and flow batteries are
diversifying the storage technologies available, offering tailor-made solutions for various
applications and industries.
SESS Market
SESS Market
Trend Driver Consequence
De-globalization and
Nationalization
Build up of local energy
storage supply chains and
manufacturing to meet
regional requirements;
increasing strong nationalism
and industry policies
Reduced dependency on
international markets -
Higher production costs and
limited access to global
innovation and resources
Stability and Resilience
Increasing inflationary
pressure and high raw
material prices and
geopolitical uncertainties
Prioritization of stabilizing
supply chains and forward
sourcing - Formation of
strategic partnerships for
enhanced resilience
SESS Market
Trend Driver Consequence
Sustainability Roadmap
Long-term transitioning to
sustainability and ESG
compliance, but conflict with
short-term investors
expectations
Attraction of
environmentally conscious
customers - Alignment with
the increasing demand for
green energy solutions
Investor Sentiment
Investor may question the
long-term viability and growth
potential of the SESS market;
risk perception
Potential reduction in
funding for energy storage
projects - Impact on the
pace of technological
advancements and market
growth
Software as Differentiator
Increasing value of software
and data analytics, and
emerging business models
and value-added services like
ESaaS
Offer more intelligent and
efficient energy solutions –
Advanced battery
management software,
predictive analytics, and
remote monitoring
capabilities
SESS Market
Trend Driver Consequence
Failure of Start-ups
Challenges faced by sESS
start-ups in scaling-up and
archiving commercial success
Emphasis on scalability and
flexibility to avoid pitfalls
faced by start-ups -
Learning from past failures
to achieve success in the
energy storage market.
Platform Consolidation
Widespread adoption of
standardized platforms across
the energy storage industry,
need for companies to align
their products with platform
standards for seamless
integration.
Streamlined integration and
reduced costs through
standardized platforms -
Potential investments in
research and development
to meet platform standards
SESS Market
Trend Driver Consequence
Efforts towards CO2-reduction
and carbon neutrality in industry
• Variable electricity tariffs
• GHG-emission pricing
There are many more use
cases and applications that
generate a need for energy
storage
Higher energy demand during
peaks
• Electrification of fleets
• Energy intense production
• Grid congestion
Governments are making
efforts towards renewable
energy and pushing
efficiency through storage
solutions
On-site Storage demand at power
plants
• RE overproduction during
weather-related peaks
This leads to laws and
decrees that either oblige
companies to sustainability
efforts or support RE
projects financially.
Ad

Recommended

DSP02110-2 Next Gen Energy Storage White Paper_INTER V1
DSP02110-2 Next Gen Energy Storage White Paper_INTER V1DSP02110-2 Next Gen Energy Storage White Paper_INTER V1
DSP02110-2 Next Gen Energy Storage White Paper_INTER V1Zach Pollock
 
Scaling up renewable energies
Scaling up renewable energiesScaling up renewable energies
Scaling up renewable energiesRCREEE
 
The ScottMadden Energy Industry Update – August 2014
The ScottMadden Energy Industry Update – August 2014The ScottMadden Energy Industry Update – August 2014
The ScottMadden Energy Industry Update – August 2014ScottMadden, Inc.
 
Us er-electric-storage-paper
Us er-electric-storage-paperUs er-electric-storage-paper
Us er-electric-storage-paperSourav Bhunia
 
Battery storage: The next disruptive technology in the power sector
Battery storage: The next disruptive technology in the power sectorBattery storage: The next disruptive technology in the power sector
Battery storage: The next disruptive technology in the power sectorCluster TWEED
 
Distribution Automation Challenges
Distribution Automation ChallengesDistribution Automation Challenges
Distribution Automation ChallengesMohammad Abdullah
 
Capgemini_Smart Meter POV_2009
Capgemini_Smart Meter POV_2009Capgemini_Smart Meter POV_2009
Capgemini_Smart Meter POV_2009Jeffrey Norman
 
Capgemini ses - smart grid operational services - todays smart metering bro...
Capgemini   ses - smart grid operational services - todays smart metering bro...Capgemini   ses - smart grid operational services - todays smart metering bro...
Capgemini ses - smart grid operational services - todays smart metering bro...Gord Reynolds
 

More Related Content

Similar to SESS Market Trends

Performance Safety and Cost Dependencies of Large Energy Storage Systems
Performance Safety and Cost Dependencies of Large Energy Storage SystemsPerformance Safety and Cost Dependencies of Large Energy Storage Systems
Performance Safety and Cost Dependencies of Large Energy Storage SystemsAntonio Reis
 
Energy Storage Tracking TechnologiesTransform Power Sector
Energy Storage Tracking TechnologiesTransform Power SectorEnergy Storage Tracking TechnologiesTransform Power Sector
Energy Storage Tracking TechnologiesTransform Power SectorSeda Eskiler
 
Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...
Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...
Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...Jill Kirkpatrick
 
Energy Efficiency in Industrial Sectors: Future Directions
Energy Efficiency in Industrial Sectors: Future DirectionsEnergy Efficiency in Industrial Sectors: Future Directions
Energy Efficiency in Industrial Sectors: Future DirectionsChristo Ananth
 
Energy Storage Opportunities and Research Needs
Energy Storage Opportunities and Research NeedsEnergy Storage Opportunities and Research Needs
Energy Storage Opportunities and Research NeedsPower System Operation
 
Executive summary Utilities opportunity and betterment
Executive summary Utilities opportunity and bettermentExecutive summary Utilities opportunity and betterment
Executive summary Utilities opportunity and bettermentSagar Zilpe
 
Exponential Energy Keynote - TPOC 2019
Exponential Energy Keynote - TPOC 2019Exponential Energy Keynote - TPOC 2019
Exponential Energy Keynote - TPOC 2019Sheryl Tullis
 
John Lushetsky | The DOE Solar Program
John Lushetsky | The DOE Solar ProgramJohn Lushetsky | The DOE Solar Program
John Lushetsky | The DOE Solar ProgramGW Solar Institute
 
Hydrogen Energy Storage and Backup Power Gas Security
Hydrogen Energy Storage and Backup Power Gas SecurityHydrogen Energy Storage and Backup Power Gas Security
Hydrogen Energy Storage and Backup Power Gas SecurityDaniel Donatelli
 
Fueling healthy communities v1 energy storage secure supplies whitepaper
Fueling healthy communities v1 energy storage secure supplies whitepaper Fueling healthy communities v1 energy storage secure supplies whitepaper
Fueling healthy communities v1 energy storage secure supplies whitepaper Daniel Donatelli
 
Energy Report - Strange Brew: Adapting to Changing Fundamentals
Energy Report - Strange Brew: Adapting to Changing FundamentalsEnergy Report - Strange Brew: Adapting to Changing Fundamentals
Energy Report - Strange Brew: Adapting to Changing FundamentalsMarcellus Drilling News
 
Implementing Net Metering in the Developing World
Implementing Net Metering in the Developing WorldImplementing Net Metering in the Developing World
Implementing Net Metering in the Developing WorldRuchir Punjabi
 
The Energy Industry Update – November 2011
The Energy Industry Update – November 2011The Energy Industry Update – November 2011
The Energy Industry Update – November 2011ScottMadden, Inc.
 
Insurance-products-to-support-energy-efficiency-projects-presentation-Bintang...
Insurance-products-to-support-energy-efficiency-projects-presentation-Bintang...Insurance-products-to-support-energy-efficiency-projects-presentation-Bintang...
Insurance-products-to-support-energy-efficiency-projects-presentation-Bintang...OECD Environment
 
Renewable Energy - Alternative business models & funding structures
Renewable Energy - Alternative business models & funding structuresRenewable Energy - Alternative business models & funding structures
Renewable Energy - Alternative business models & funding structuresStuart Anderson
 
Rauluk Testimony Final no pics
Rauluk Testimony Final no picsRauluk Testimony Final no pics
Rauluk Testimony Final no picsValerie Rauluk
 

Similar to SESS Market Trends (20)

Performance Safety and Cost Dependencies of Large Energy Storage Systems
Performance Safety and Cost Dependencies of Large Energy Storage SystemsPerformance Safety and Cost Dependencies of Large Energy Storage Systems
Performance Safety and Cost Dependencies of Large Energy Storage Systems
 
Energy Storage
Energy StorageEnergy Storage
Energy Storage
 
Energy Storage Tracking TechnologiesTransform Power Sector
Energy Storage Tracking TechnologiesTransform Power SectorEnergy Storage Tracking TechnologiesTransform Power Sector
Energy Storage Tracking TechnologiesTransform Power Sector
 
Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...
Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...
Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...
 
Energy Efficiency in Industrial Sectors: Future Directions
Energy Efficiency in Industrial Sectors: Future DirectionsEnergy Efficiency in Industrial Sectors: Future Directions
Energy Efficiency in Industrial Sectors: Future Directions
 
Energy Storage Opportunities and Research Needs
Energy Storage Opportunities and Research NeedsEnergy Storage Opportunities and Research Needs
Energy Storage Opportunities and Research Needs
 
Executive summary Utilities opportunity and betterment
Executive summary Utilities opportunity and bettermentExecutive summary Utilities opportunity and betterment
Executive summary Utilities opportunity and betterment
 
Exponential Energy Keynote - TPOC 2019
Exponential Energy Keynote - TPOC 2019Exponential Energy Keynote - TPOC 2019
Exponential Energy Keynote - TPOC 2019
 
SecureSuppliesWhitepaper
SecureSuppliesWhitepaperSecureSuppliesWhitepaper
SecureSuppliesWhitepaper
 
IEA DSM Programme - Past, Present and Future
IEA DSM Programme - Past, Present and Future IEA DSM Programme - Past, Present and Future
IEA DSM Programme - Past, Present and Future
 
John Lushetsky | The DOE Solar Program
John Lushetsky | The DOE Solar ProgramJohn Lushetsky | The DOE Solar Program
John Lushetsky | The DOE Solar Program
 
Hydrogen Energy Storage and Backup Power Gas Security
Hydrogen Energy Storage and Backup Power Gas SecurityHydrogen Energy Storage and Backup Power Gas Security
Hydrogen Energy Storage and Backup Power Gas Security
 
Fueling healthy communities v1 energy storage secure supplies whitepaper
Fueling healthy communities v1 energy storage secure supplies whitepaper Fueling healthy communities v1 energy storage secure supplies whitepaper
Fueling healthy communities v1 energy storage secure supplies whitepaper
 
Energy Report - Strange Brew: Adapting to Changing Fundamentals
Energy Report - Strange Brew: Adapting to Changing FundamentalsEnergy Report - Strange Brew: Adapting to Changing Fundamentals
Energy Report - Strange Brew: Adapting to Changing Fundamentals
 
Implementing Net Metering in the Developing World
Implementing Net Metering in the Developing WorldImplementing Net Metering in the Developing World
Implementing Net Metering in the Developing World
 
The Energy Industry Update – November 2011
The Energy Industry Update – November 2011The Energy Industry Update – November 2011
The Energy Industry Update – November 2011
 
Insurance-products-to-support-energy-efficiency-projects-presentation-Bintang...
Insurance-products-to-support-energy-efficiency-projects-presentation-Bintang...Insurance-products-to-support-energy-efficiency-projects-presentation-Bintang...
Insurance-products-to-support-energy-efficiency-projects-presentation-Bintang...
 
Renewable Energy - Alternative business models & funding structures
Renewable Energy - Alternative business models & funding structuresRenewable Energy - Alternative business models & funding structures
Renewable Energy - Alternative business models & funding structures
 
Energy Storage
Energy StorageEnergy Storage
Energy Storage
 
Rauluk Testimony Final no pics
Rauluk Testimony Final no picsRauluk Testimony Final no pics
Rauluk Testimony Final no pics
 

More from Thorsten Zoerner

NetworkingFriday: Das STROMDAO Energy Application Framework (EAF)
NetworkingFriday: Das STROMDAO Energy Application Framework (EAF)NetworkingFriday: Das STROMDAO Energy Application Framework (EAF)
NetworkingFriday: Das STROMDAO Energy Application Framework (EAF)Thorsten Zoerner
 
IDENTITY BASED CONSENSUS FRAMEWORK FOR ISO 14064-2 GHG REPORTING
IDENTITY BASED CONSENSUS FRAMEWORK FOR ISO 14064-2 GHG REPORTINGIDENTITY BASED CONSENSUS FRAMEWORK FOR ISO 14064-2 GHG REPORTING
IDENTITY BASED CONSENSUS FRAMEWORK FOR ISO 14064-2 GHG REPORTINGThorsten Zoerner
 
Strom-Quittung - Fair laden bei praktisch jeder Wallbox
Strom-Quittung - Fair laden bei praktisch jeder WallboxStrom-Quittung - Fair laden bei praktisch jeder Wallbox
Strom-Quittung - Fair laden bei praktisch jeder WallboxThorsten Zoerner
 
Neues E-Auto? Keine Ladestation?!
Neues E-Auto? Keine Ladestation?!Neues E-Auto? Keine Ladestation?!
Neues E-Auto? Keine Ladestation?!Thorsten Zoerner
 
Unser Heilsbringer: Blockchain
Unser Heilsbringer: BlockchainUnser Heilsbringer: Blockchain
Unser Heilsbringer: BlockchainThorsten Zoerner
 
Key Investment Facts - STROMDAO GmbH
Key Investment Facts - STROMDAO GmbHKey Investment Facts - STROMDAO GmbH
Key Investment Facts - STROMDAO GmbHThorsten Zoerner
 
STROMDAO - Corrently Pitch Deck #CrowdInvest
STROMDAO - Corrently Pitch Deck #CrowdInvestSTROMDAO - Corrently Pitch Deck #CrowdInvest
STROMDAO - Corrently Pitch Deck #CrowdInvestThorsten Zoerner
 
Digitalisierung und Community kommt nach dem EEG
Digitalisierung und Community kommt nach dem EEGDigitalisierung und Community kommt nach dem EEG
Digitalisierung und Community kommt nach dem EEGThorsten Zoerner
 
Zusammensetzung des Strompreises
Zusammensetzung des StrompreisesZusammensetzung des Strompreises
Zusammensetzung des StrompreisesThorsten Zoerner
 
Correnty - Variable Stromtarife
Correnty - Variable StromtarifeCorrenty - Variable Stromtarife
Correnty - Variable StromtarifeThorsten Zoerner
 
STROMDAO - Corrently Pitch Deck
STROMDAO - Corrently Pitch DeckSTROMDAO - Corrently Pitch Deck
STROMDAO - Corrently Pitch DeckThorsten Zoerner
 
Corrently Pitch - CloudMallBW (bwcon Afterwork Sommerfest)
Corrently Pitch - CloudMallBW (bwcon Afterwork Sommerfest)Corrently Pitch - CloudMallBW (bwcon Afterwork Sommerfest)
Corrently Pitch - CloudMallBW (bwcon Afterwork Sommerfest)Thorsten Zoerner
 
STROMDAO - Corrently Equity Story
STROMDAO - Corrently Equity StorySTROMDAO - Corrently Equity Story
STROMDAO - Corrently Equity StoryThorsten Zoerner
 
Corrently - Micro Pitch Deck
Corrently - Micro Pitch DeckCorrently - Micro Pitch Deck
Corrently - Micro Pitch DeckThorsten Zoerner
 
Konsens ohne Mittelmann - Blockchain in der Energiewirtschaft
Konsens ohne Mittelmann - Blockchain in der EnergiewirtschaftKonsens ohne Mittelmann - Blockchain in der Energiewirtschaft
Konsens ohne Mittelmann - Blockchain in der EnergiewirtschaftThorsten Zoerner
 

More from Thorsten Zoerner (20)

NetworkingFriday: Das STROMDAO Energy Application Framework (EAF)
NetworkingFriday: Das STROMDAO Energy Application Framework (EAF)NetworkingFriday: Das STROMDAO Energy Application Framework (EAF)
NetworkingFriday: Das STROMDAO Energy Application Framework (EAF)
 
STROMDAO GmbH
STROMDAO GmbHSTROMDAO GmbH
STROMDAO GmbH
 
IDENTITY BASED CONSENSUS FRAMEWORK FOR ISO 14064-2 GHG REPORTING
IDENTITY BASED CONSENSUS FRAMEWORK FOR ISO 14064-2 GHG REPORTINGIDENTITY BASED CONSENSUS FRAMEWORK FOR ISO 14064-2 GHG REPORTING
IDENTITY BASED CONSENSUS FRAMEWORK FOR ISO 14064-2 GHG REPORTING
 
Strom-Quittung - Fair laden bei praktisch jeder Wallbox
Strom-Quittung - Fair laden bei praktisch jeder WallboxStrom-Quittung - Fair laden bei praktisch jeder Wallbox
Strom-Quittung - Fair laden bei praktisch jeder Wallbox
 
Neues E-Auto? Keine Ladestation?!
Neues E-Auto? Keine Ladestation?!Neues E-Auto? Keine Ladestation?!
Neues E-Auto? Keine Ladestation?!
 
Unser Heilsbringer: Blockchain
Unser Heilsbringer: BlockchainUnser Heilsbringer: Blockchain
Unser Heilsbringer: Blockchain
 
Key Investment Facts - STROMDAO GmbH
Key Investment Facts - STROMDAO GmbHKey Investment Facts - STROMDAO GmbH
Key Investment Facts - STROMDAO GmbH
 
STROMDAO - Corrently Pitch Deck #CrowdInvest
STROMDAO - Corrently Pitch Deck #CrowdInvestSTROMDAO - Corrently Pitch Deck #CrowdInvest
STROMDAO - Corrently Pitch Deck #CrowdInvest
 
Digitalisierung und Community kommt nach dem EEG
Digitalisierung und Community kommt nach dem EEGDigitalisierung und Community kommt nach dem EEG
Digitalisierung und Community kommt nach dem EEG
 
Zusammensetzung des Strompreises
Zusammensetzung des StrompreisesZusammensetzung des Strompreises
Zusammensetzung des Strompreises
 
Correnty - Variable Stromtarife
Correnty - Variable StromtarifeCorrenty - Variable Stromtarife
Correnty - Variable Stromtarife
 
STROMDAO - Corrently Pitch Deck
STROMDAO - Corrently Pitch DeckSTROMDAO - Corrently Pitch Deck
STROMDAO - Corrently Pitch Deck
 
Corrently Pitch - CloudMallBW (bwcon Afterwork Sommerfest)
Corrently Pitch - CloudMallBW (bwcon Afterwork Sommerfest)Corrently Pitch - CloudMallBW (bwcon Afterwork Sommerfest)
Corrently Pitch - CloudMallBW (bwcon Afterwork Sommerfest)
 
STROMDAO - Corrently Equity Story
STROMDAO - Corrently Equity StorySTROMDAO - Corrently Equity Story
STROMDAO - Corrently Equity Story
 
Corrently (English)
Corrently (English)Corrently (English)
Corrently (English)
 
Corrently - Micro Pitch Deck
Corrently - Micro Pitch DeckCorrently - Micro Pitch Deck
Corrently - Micro Pitch Deck
 
Corrently
CorrentlyCorrently
Corrently
 
Hybridstrom by STROMDAO
Hybridstrom by STROMDAOHybridstrom by STROMDAO
Hybridstrom by STROMDAO
 
Konsens ohne Mittelmann - Blockchain in der Energiewirtschaft
Konsens ohne Mittelmann - Blockchain in der EnergiewirtschaftKonsens ohne Mittelmann - Blockchain in der Energiewirtschaft
Konsens ohne Mittelmann - Blockchain in der Energiewirtschaft
 
StromDAO - Die Idee
StromDAO - Die IdeeStromDAO - Die Idee
StromDAO - Die Idee
 

Recently uploaded

The Coca-Cola Company Presentation at CAGNY 2024.pdf
The Coca-Cola Company Presentation at  CAGNY 2024.pdfThe Coca-Cola Company Presentation at  CAGNY 2024.pdf
The Coca-Cola Company Presentation at CAGNY 2024.pdfNeil Kimberley
 
How do hotel linen suppliers contribute to sustainable and eco-friendly pract...
How do hotel linen suppliers contribute to sustainable and eco-friendly pract...How do hotel linen suppliers contribute to sustainable and eco-friendly pract...
How do hotel linen suppliers contribute to sustainable and eco-friendly pract...indhumathi546580
 
Clean/Renewable Energy Virtual Investor Conference
Clean/Renewable Energy Virtual Investor ConferenceClean/Renewable Energy Virtual Investor Conference
Clean/Renewable Energy Virtual Investor ConferenceMarketing847413
 
SD-WAN_MoD.pptx for SD WAN networks connectivity
SD-WAN_MoD.pptx for SD WAN networks connectivitySD-WAN_MoD.pptx for SD WAN networks connectivity
SD-WAN_MoD.pptx for SD WAN networks connectivitybayusch
 
Diageo Strategy Presentation made in February 2024 CAGNY
Diageo Strategy Presentation made in February 2024 CAGNYDiageo Strategy Presentation made in February 2024 CAGNY
Diageo Strategy Presentation made in February 2024 CAGNYNeil Kimberley
 
02.22.2024 Email Options in Bloomerang.pdf
02.22.2024 Email Options in Bloomerang.pdf02.22.2024 Email Options in Bloomerang.pdf
02.22.2024 Email Options in Bloomerang.pdfBloomerang
 
How to Get Around Sales Objection | The SMART Sales Systems
How to Get Around Sales Objection | The SMART Sales SystemsHow to Get Around Sales Objection | The SMART Sales Systems
How to Get Around Sales Objection | The SMART Sales SystemsSalesScripter
 
FICCI Monthly Bulletin February 2024.pdf
FICCI  Monthly Bulletin February 2024.pdfFICCI  Monthly Bulletin February 2024.pdf
FICCI Monthly Bulletin February 2024.pdfsubarnamostafa1
 
Digital Demo Day : Mastering High Volume Recruitment: Leveraging Language Ass...
Digital Demo Day : Mastering High Volume Recruitment: Leveraging Language Ass...Digital Demo Day : Mastering High Volume Recruitment: Leveraging Language Ass...
Digital Demo Day : Mastering High Volume Recruitment: Leveraging Language Ass...TalentView
 
Cracking the Leadership Shadow Code.pptx
Cracking the Leadership Shadow Code.pptxCracking the Leadership Shadow Code.pptx
Cracking the Leadership Shadow Code.pptxWorkforce Group
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
SlideEgg_300445-Apple Inc(1).pptx case study
SlideEgg_300445-Apple Inc(1).pptx case studySlideEgg_300445-Apple Inc(1).pptx case study
SlideEgg_300445-Apple Inc(1).pptx case studyindobanglatradeinter
 
More Info: AJTechnicalDr.com Ways to Earn_AVBOB Dream Team
More Info: AJTechnicalDr.com Ways to Earn_AVBOB Dream TeamMore Info: AJTechnicalDr.com Ways to Earn_AVBOB Dream Team
More Info: AJTechnicalDr.com Ways to Earn_AVBOB Dream TeamAnga Jubase
 
Let’s get moving! Setting some goals Optimizing your workflow
Let’s get moving! Setting some goals Optimizing your workflowLet’s get moving! Setting some goals Optimizing your workflow
Let’s get moving! Setting some goals Optimizing your workflowngothuyanct
 
Time Management Techniques for increased productivity and goal achievement
Time Management Techniques for increased productivity and goal achievementTime Management Techniques for increased productivity and goal achievement
Time Management Techniques for increased productivity and goal achievementOfficeClip
 
Grevault battery storage system manufacturer
Grevault battery storage system manufacturerGrevault battery storage system manufacturer
Grevault battery storage system manufacturerGrevault
 
Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...
Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...
Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...Supavadee(Noi) Tantiyanon
 
Kraft Heinz Presentation at the 2024 CAGNY.pdf
Kraft Heinz Presentation at the 2024 CAGNY.pdfKraft Heinz Presentation at the 2024 CAGNY.pdf
Kraft Heinz Presentation at the 2024 CAGNY.pdfNeil Kimberley
 
Sample Competitors' SWOT Analysis for your SEO Strategy
Sample Competitors' SWOT Analysis for your SEO StrategySample Competitors' SWOT Analysis for your SEO Strategy
Sample Competitors' SWOT Analysis for your SEO StrategyRemar Barquilla
 

Recently uploaded (20)

The Coca-Cola Company Presentation at CAGNY 2024.pdf
The Coca-Cola Company Presentation at  CAGNY 2024.pdfThe Coca-Cola Company Presentation at  CAGNY 2024.pdf
The Coca-Cola Company Presentation at CAGNY 2024.pdf
 
How do hotel linen suppliers contribute to sustainable and eco-friendly pract...
How do hotel linen suppliers contribute to sustainable and eco-friendly pract...How do hotel linen suppliers contribute to sustainable and eco-friendly pract...
How do hotel linen suppliers contribute to sustainable and eco-friendly pract...
 
Clean/Renewable Energy Virtual Investor Conference
Clean/Renewable Energy Virtual Investor ConferenceClean/Renewable Energy Virtual Investor Conference
Clean/Renewable Energy Virtual Investor Conference
 
SD-WAN_MoD.pptx for SD WAN networks connectivity
SD-WAN_MoD.pptx for SD WAN networks connectivitySD-WAN_MoD.pptx for SD WAN networks connectivity
SD-WAN_MoD.pptx for SD WAN networks connectivity
 
Diageo Strategy Presentation made in February 2024 CAGNY
Diageo Strategy Presentation made in February 2024 CAGNYDiageo Strategy Presentation made in February 2024 CAGNY
Diageo Strategy Presentation made in February 2024 CAGNY
 
02.22.2024 Email Options in Bloomerang.pdf
02.22.2024 Email Options in Bloomerang.pdf02.22.2024 Email Options in Bloomerang.pdf
02.22.2024 Email Options in Bloomerang.pdf
 
How to Get Around Sales Objection | The SMART Sales Systems
How to Get Around Sales Objection | The SMART Sales SystemsHow to Get Around Sales Objection | The SMART Sales Systems
How to Get Around Sales Objection | The SMART Sales Systems
 
FICCI Monthly Bulletin February 2024.pdf
FICCI  Monthly Bulletin February 2024.pdfFICCI  Monthly Bulletin February 2024.pdf
FICCI Monthly Bulletin February 2024.pdf
 
Digital Demo Day : Mastering High Volume Recruitment: Leveraging Language Ass...
Digital Demo Day : Mastering High Volume Recruitment: Leveraging Language Ass...Digital Demo Day : Mastering High Volume Recruitment: Leveraging Language Ass...
Digital Demo Day : Mastering High Volume Recruitment: Leveraging Language Ass...
 
Cracking the Leadership Shadow Code.pptx
Cracking the Leadership Shadow Code.pptxCracking the Leadership Shadow Code.pptx
Cracking the Leadership Shadow Code.pptx
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
SlideEgg_300445-Apple Inc(1).pptx case study
SlideEgg_300445-Apple Inc(1).pptx case studySlideEgg_300445-Apple Inc(1).pptx case study
SlideEgg_300445-Apple Inc(1).pptx case study
 
Stand Out on the Road with a Creative Box Truck Wrap
Stand Out on the Road with a Creative Box Truck WrapStand Out on the Road with a Creative Box Truck Wrap
Stand Out on the Road with a Creative Box Truck Wrap
 
More Info: AJTechnicalDr.com Ways to Earn_AVBOB Dream Team
More Info: AJTechnicalDr.com Ways to Earn_AVBOB Dream TeamMore Info: AJTechnicalDr.com Ways to Earn_AVBOB Dream Team
More Info: AJTechnicalDr.com Ways to Earn_AVBOB Dream Team
 
Let’s get moving! Setting some goals Optimizing your workflow
Let’s get moving! Setting some goals Optimizing your workflowLet’s get moving! Setting some goals Optimizing your workflow
Let’s get moving! Setting some goals Optimizing your workflow
 
Time Management Techniques for increased productivity and goal achievement
Time Management Techniques for increased productivity and goal achievementTime Management Techniques for increased productivity and goal achievement
Time Management Techniques for increased productivity and goal achievement
 
Grevault battery storage system manufacturer
Grevault battery storage system manufacturerGrevault battery storage system manufacturer
Grevault battery storage system manufacturer
 
Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...
Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...
Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...
 
Kraft Heinz Presentation at the 2024 CAGNY.pdf
Kraft Heinz Presentation at the 2024 CAGNY.pdfKraft Heinz Presentation at the 2024 CAGNY.pdf
Kraft Heinz Presentation at the 2024 CAGNY.pdf
 
Sample Competitors' SWOT Analysis for your SEO Strategy
Sample Competitors' SWOT Analysis for your SEO StrategySample Competitors' SWOT Analysis for your SEO Strategy
Sample Competitors' SWOT Analysis for your SEO Strategy
 

SESS Market Trends

  • 1. Market Trends Correlation Stationary Energy Storage Systems
  • 2. The Stationary Energy Storage System (SESS) market is witnessing a period of unprecedented growth and transformation. As we stand at the intersection of technology, environmental policy, and consumer behavior, several key trends and drivers are shaping the future of energy storage. The following introduction seeks to encapsulate the essence of these market dynamics. On the demand side, there is a growing awareness and preference for sustainable energy among consumers and industries alike. This cultural shift is motivating utilities, businesses, and residential consumers to invest in SESS, not merely for environmental reasons but also for economic benefits like energy cost savings and improved resiliency against grid outages. Furthermore, the technological frontier continues to push boundaries, with advances in battery chemistry, materials science, and energy management systems like OpenEMS. Innovations such as solid-state batteries, liquid metal batteries, and flow batteries are diversifying the storage technologies available, offering tailor-made solutions for various applications and industries. SESS Market
  • 3. SESS Market Trend Driver Consequence De-globalization and Nationalization Build up of local energy storage supply chains and manufacturing to meet regional requirements; increasing strong nationalism and industry policies Reduced dependency on international markets - Higher production costs and limited access to global innovation and resources Stability and Resilience Increasing inflationary pressure and high raw material prices and geopolitical uncertainties Prioritization of stabilizing supply chains and forward sourcing - Formation of strategic partnerships for enhanced resilience
  • 4. SESS Market Trend Driver Consequence Sustainability Roadmap Long-term transitioning to sustainability and ESG compliance, but conflict with short-term investors expectations Attraction of environmentally conscious customers - Alignment with the increasing demand for green energy solutions Investor Sentiment Investor may question the long-term viability and growth potential of the SESS market; risk perception Potential reduction in funding for energy storage projects - Impact on the pace of technological advancements and market growth Software as Differentiator Increasing value of software and data analytics, and emerging business models and value-added services like ESaaS Offer more intelligent and efficient energy solutions – Advanced battery management software, predictive analytics, and remote monitoring capabilities
  • 5. SESS Market Trend Driver Consequence Failure of Start-ups Challenges faced by sESS start-ups in scaling-up and archiving commercial success Emphasis on scalability and flexibility to avoid pitfalls faced by start-ups - Learning from past failures to achieve success in the energy storage market. Platform Consolidation Widespread adoption of standardized platforms across the energy storage industry, need for companies to align their products with platform standards for seamless integration. Streamlined integration and reduced costs through standardized platforms - Potential investments in research and development to meet platform standards
  • 6. SESS Market Trend Driver Consequence Efforts towards CO2-reduction and carbon neutrality in industry • Variable electricity tariffs • GHG-emission pricing There are many more use cases and applications that generate a need for energy storage Higher energy demand during peaks • Electrification of fleets • Energy intense production • Grid congestion Governments are making efforts towards renewable energy and pushing efficiency through storage solutions On-site Storage demand at power plants • RE overproduction during weather-related peaks This leads to laws and decrees that either oblige companies to sustainability efforts or support RE projects financially.
  • 7. SESS Market – Actionplan (5 in 5) Invest in Advanced Technologies Adopt the latest advancements in battery technology and energy storage systems to stay ahead in terms of efficiency, capacity, and cost-effectiveness. Expand Renewable Energy Integration Develop and offer tailored solutions for integrating SESS with renewable energy sources to manage intermittency and enhance grid reliability. Capitalize on Policy Incentives Stay informed of government policies and incentives to leverage them effectively and integrate them into business planning and development strategies Promote Consumer Education Engage in consumer education campaigns to highlight the economic and environmental benefits of SESS, thus stimulating demand Develop EaaS Offerings Create Energy as a Service (EaaS) offerings that package energy storage with value-added services such as management, maintenance, and analytics.