US Thermal Energy Storage Capacity Rises

According to a new report from Pike Research, a sharp increase in interest in energy storage will open new opportunities for thermal storage, and the market for TES will see steady growth over the next several years. Installed TES capacity in the United States, which stood at 2.7 gigawatts (GW) in 2011, will increase by 4.5 GW by 2020, nearly tripling to a total of 7.2 GW, the report concludes.

“With the exception of pumped hydroelectric storage, which dwarfs the installed capacity of all other commercially available energy storage technologies, TES is currently the most common form of storage available,” says research director Kerry-Ann Adamson. “Although other storage media, especially batteries, are expected to grow significantly faster than TES, TES revenue will continue to increase with global revenue from new TES installations forecast to surpass $3.5 billion by 2020.”

The TES market in Europe will likely see the strongest growth, according to the report. Given the European Union’s heavy emphasis on energy efficiency initiatives and the rise in volatile renewable electricity generation, TES should have strong potential in this market. Under a conservative estimate of 2020 market activity, Pike Research forecasts that there will be about 19 GW of cumulative TES installations in Europe by the end of the decade, equaling 2 GW of new capacity per year by 2020.


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.


Battery Storage for Commercial & Industry

Powerful battery storage offers many advantages in terms of saving electricity costs and a reliable power supply. With this technology, companies retain control of their energy supply and costs. The battery storage system is charged when energy is cheaply available and it supplies the stored electricity when prices are at their highest. With applications such…

Read More

Energy Storage Systems: the role of an Integrator

Simplifying BESS deployments by mastering their associated risks With the introduction of Battery Energy Storage Systems ‘BESS’, a new role has been created on the value chain. It is the role of a BESS integrator. The role of an integrator can be misunderstood at times or blended with other roles at other times. This is…

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