February 2002

Trends and Resources

HP Impact: Load-leveling market to see ‘explosive growth’

The U.S. load-leveling market is estimated at $11 million in 2001as companies began to bring products to market. By 2006, explosivegrowth of over 150% per year on average is expected, resulting in ama..

Weirauch, Wendy, Hydrocarbon Processing Staff

The U.S. load-leveling market is estimated at $11 million in 2001 as companies began to bring products to market. By 2006, explosive growth of over 150% per year on average is expected, resulting in a market that tops $1.2 billion, according to a study from Business Communications Company, Inc. (www.bccresearch.com). This growth builds on established energy storage approaches that have been waiting for improved market conditions. The U.S. electric utility industry is reeling from shortages, new regulations, environmental concerns and increasing demand. A balance of conservation, new construction and more efficient fuels are all solutions, but what of the so-called "off-peak" p

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