Lithium-ion battery technology continues to fuel alternative energy globally. The fall in the prices of lithium-ion batteries has continued transforming the economics of renewable energy. This influential trend has significantly impacted the affordability of electric vehicles and other technologies relying on renewable energy. While utilities have started adopting cutting-edge energy storage and grid management technologies, a significant transformation of the electric grid is currently underway. This transition is driven by the rapid growth of new energy storage technologies providing consumers and utilities with an increasing number of options for generating, using, and managing energy. The development of advanced energy storage systems (ESS) has been distinctly concentrated in selective markets, primarily in regions with highly developed economies. This type of advanced technology requires considerable know-how and expertise to be developed and operated cost-effectively. Further more, the services provided by ESS systems are often not properly recognized or valued within existing energy market regulations. Even with these barriers, installations of stationary ESSs are increasing dramatically round the world as system costs are rapidly declining and as energy markets are undergoing reform to allow for the use of more distributed resources.
To assist companies in finding accomplished service companies, we have compiled this issue of Energy Tech Review. This edition lists the 10 most promising energy storage service companies in 2021 to highlight the organizations that can escalate your growth chances. Equipped with innovative technological capabilities, these service companies are set to transform the energy storage landscape. This edition also blends through thought leadership from subject-matter experts, CIOs, and CXOs, with real-life stories on how the service companies have enhanced their clients’ capabilities. We hope this issue of Energy Tech Review helps you build the partnership you and your organization need to foster a workspace driven by robust and efficient technology.
We present to you Energy Tech Review’s “10 Most Promising Energy Storage Service Companies - 2021.”