Frost & Sullivan: The Need for Renewable Energy Storage Solutions Offers Booming Opportunities

Frost & Sullivan to Host a web conference on Renewable Energy Storage on Wednesday, 10 February at 2 pm GMT

LONDON, January 27 - As more and more countries look to renewable energy in the quest to
mitigate climate change, demand for energy storage technologies capable of
overcoming its intermittent nature is growing rapidly. Not only do batteries
and alternative technologies like flywheels and ultracapacitors store clean
energy, they enable operators to release it strategically and efficiently,
thereby avoiding major demand-supply gaps and maximising profit. In response
to this growing interest in alternative energy storage technologies,
manufacturers are redoubling their R&D efforts to increase power density and
efficiency, rendering this market a veritable hotspot for growth and
investment.

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To provide a holistic view of the renewable energy storage market and
analyse its significant potential, the Energy Group at Frost & Sullivan
www.energy.frost.com has joined forces with experts from Saft
Batteries and ENEL, the Italian energy company, for a unique web conference,
open to all, taking place on Wednesday, 10 February at 2 pm GMT. This special
event will feature guest speakers Michael Lippert, Marketing Manager,
Industrial Battery Group, Saft Batteries, and Fabrizio Bizzarri, Head of
Renewable Energies Division, ENEL.

To participate in this briefing, please email Chiara Carella at
chiara.carella@frost.com with: your full name, company name, title, telephone
number, e-mail, address, city, state and country and a registration link will
be e-mailed to you. You may also register to receive a recorded version of
the briefing at anytime by submitting the aforementioned contact details.

Together with Frost & Sullivan's Energy & Power Research Manager,
Malavika Tohani, Frost & Sullivan's guest speakers will analyse market
trends, including drivers, restraints and challenges and debate the pros and
cons of various energy storage technologies. Mr. Lippert will provide Saft's
battery manufacturer's perspective on R&D efforts in this area, attractive
technologies, cost issues, geographic hotspots and legislative requirements,
while Mr. Bizzarri will share ENEL's utility perspective on ongoing and
planned projects, energy storage requirements, attractive technologies,
challenges in adoption and economic incentives.

Stakeholders across the renewable energy value chain including
manufacturers, system integrators, utilities, independent power producers,
financing institutions, venture capital firms, sector associations and
research organisations, all stand to benefit from this comprehensive and
detailed investigation of this potentially very lucrative market.

"The intermittent nature of renewable energy, smart grid development,
peak power issues and a widening electricity demand-supply gap are driving
the need for suitable energy storage technologies," says Research Manager
Malavika Tohani. "Manufacturers, universities, research associations,
utilities and many others are undertaking R&D to find the right energy
storage technology that is reliable and safe, has high energy density and
efficiency, while being inexpensive and easily available."

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    Contact:

    Chiara Carella
    Corporate Communications
    T: +44-(0)-207-3438314
    E: chiara.carella@frost.com
    www.frost.com

Chiara Carella, Corporate Communications of Frost & Sullivan, +44-(0)-207-3438314, chiara.carella at frost.com