Buildings energy storage’s biggest market

Thank Hurricane Sandy if you want, but whatever the primary reason, the un-interruptible power supply (UPS) market is helping to ensure that commercial buildings will generate USD$3.7 billion in global sales of energy storage technology this year, says Pike Research. That represents the single biggest market for the stationary energy storage industry.

In addition, there is a relatively healthy market for thermal energy systems, which use thermal mass (either ice or ceramic bricks) to store energy for later use in climate control in a building. That market is estimated by Pike Research to be worth $89.6 million in 2013

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