A recent Yahoo press release highlighted a recent report from Pike Research that forecasts a total revenue from worldwide sales of Thermal Energy Storage (TES) to grow steadily over the remainder of this decade, reaching $3.6 billion by 2020. Thermal energy storage (TES) is most often used as an effective means of shifting electrical peak load use from daytime peak periods to less expensive periods of the day or at night, saving money, stabilizing load on HVAC equipment, stabilizing load on power plants and increasing overall power generation & distribution system efficiency.
Phase Change Materials (PCM) oscillate between solid and liquid phase within a certain temperature range (Mansfield). When the environment’s temperature is higher than that of the PCM, heat transfers from the surroundings to the material, which creates a cooling effect and changes PCM’s state from solid to liquid. When the environment’s temperature is lower than that of the PCM, heat transfers from the PCM to the surroundings, generating a warming effect and PCM changes back to its solid state.
Wednesday, January 9, 2013
Thermal Energy Storage Market to Reach $3.6 Billion Worldwide by 2020
A recent Yahoo press release highlighted a recent report from Pike Research that forecasts a total revenue from worldwide sales of Thermal Energy Storage (TES) to grow steadily over the remainder of this decade, reaching $3.6 billion by 2020. Thermal energy storage (TES) is most often used as an effective means of shifting electrical peak load use from daytime peak periods to less expensive periods of the day or at night, saving money, stabilizing load on HVAC equipment, stabilizing load on power plants and increasing overall power generation & distribution system efficiency.
Monday, January 7, 2013
CSP Industry to discuss 2013 challenges in New Delhi this March
CSP Today reported that Leaders of the concentrated solar power industry in India will discuss upcoming challenges as PV competition intensifies. The publication By Beatriz Gonzalez on Jan 7, 2013 highlights the comments from the industry specialists.
Wednesday, January 2, 2013
Global Molten Salt Thermal Energy Storage market forecast 2012 -2016
Technavio has published a market analysis report "Global Molten Salt Thermal Energy Storage Market 2012 - 2016" where it's analysts forecast the Global Molten Salt Thermal Energy Storage market to grow at a CAGR of 17.25 percent over the period 2012-2016. Technavio is the syndicated research wing of Infiniti Research, with over 1,800 off-the-shelf reports on niche and upcoming technology markets.
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