Flywheel Storage Market To Grow 12.35%

Research and Markets recently released a report on the global flywheel energy storage market, forecasting that it will grow at a Compound Annual Growth Rate (CAGR) of 12.35 percent between 2011 – 2015.

One of the key factors contributing to this market growth is the increasing investment in smart grid construction. The Global Flywheel Energy Storage market has also been witnessing increasing investment in energy storage technology. However, the lack of familiarity with flywheel technologies could pose a challenge to the growth of this market.

According to the report, it is predicted that by 2035 the global energy demand will increase tremendously, but the energy consumption pattern is likely to vary in each country.

The current demand for energy is expected to more than double globally by 2020. It is not possible to meet the future demand with the existing power generation capacity. The storage of energy will help to maintain a backup to cater to the high future demand.

Large-scale grid energy storage systems will meet this need and flywheel energy storage systems will enable this grid power storage to take place. Consequently, the growing energy demand will increase the growth of the Global Flywheel Energy Storage market.


Source and Read More  

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.


When Global Green Economy Met Energy Storage

Our energy system is dynamically evolving. The realization of the urgency towards Net Zero, Green economies has been more pressing than ever. The energy transformation serving a more sustainable future, safeguarding our ecosystem and protecting our planet is of paramount importance for many developed and developing nations across the globe. In this analysis, we delve…

Read More

The UK National Energy Grid – A Story of Islands, Trading, and Energy Storage

As first seen in Energy Global, grid software acts as a modern-day map, helping to chart and navigate today’s energy grids; software engineers are tasked with carefully delineating how each region’s energy markets operate. However, looking more closely at energy markets makes clear how unique each market is – each defined by different topography, resources,…

Read More


“Probably the most interactive and well organized storage event on the calendar.”


Sales Director, S&C

“Great topics, competent speakers, good networking: keep it like that.”



“High scientific content, well targeted, perfect organization.”


Expert Technical & Governance, Elia

Excellent networking event. The sponsorship was well worth it.”


Manager, ATL

View More