Fears over energy storage hype resulting in a boom-and-bust cycle appear unfounded on the basis of grid-scale deployments so far, a top analyst has confirmed.
Bloomberg New Energy Finance associate Logan Goldie-Scot, who will be speaking at the Energy Storage World Forum next month, told Energy Storage Report: “We see continued steady progress instead of a huge leap in 2015.
“We certainly think the market is growing. But I don’t think we’re at a point where we’re going to see a huge leap in capacity on the ground, just because we already have visibility of much of 2015.”
The prediction is a welcome one for a sector that has long been considered prone to hype, with reports frequently citing an upcoming boom. And in fact, said Goldie-Scot: “There has been quite a lot of progress since last year.
“Especially in North America, we’re now seeing projects getting commissioned and working their way through the development process.”
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