Dublin, Oct. 10, 2013 (GLOBE NEWSWIRE) -- Research and Markets
(http://www.researchandmarkets.com/research/fcpd7m/global_molten)
has announced the addition of the "Global
Molten Salt Thermal Energy Storage Market 2012-2016" report to
their offering.
One of the key factors contributing to this market growth is the
increase in positive attributes of molten salt. The Global Molten
Salt Thermal Energy Storage market has also been witnessing the
increase in R&D initiatives. However, the decline in solar
subsidy rates could pose a challenge to the growth of this
market.
The key vendors dominating this market space are Abengoa Solar
S.A., Areva S.A.S., General Electric (GE) Energy LLC., and Pratt
and Whitney Rocketdyne Inc.
The other vendors mentioned in the report are Siemens Energy Inc.,
Acciona Solar Power Inc., Applied Materials Inc., Asahi Glass Co.
Ltd., Battelle Energy Alliance LLC, BrightSource Energy Inc.,
Corning Inc., Directed Vapor Technologies International Inc.,
DuPont E.I., Hitachi Ltd, and SCHOTT AG.
Commenting on the report, an analyst from TechNavio's Clean Tech
team said: ''The increased R & D activities in the Renewable
Energy sector constitute another major prevailing trend in the
Global Molten
Salt Thermal Energy Storage (TES) market. There are various
favorable policies and procedures that exist for boosting the Solar
sector. For instance, the Federal Environment Ministry (FEM) in the
US has plans to increase investment in research related to
renewable energies; a massive amount was kept aside for R & D
in the Renewable sector in 2011, part of which was diverted for R
& D in the Global Molten Salt TES market.''
According to the report, the increase in the positive attributes of
molten salt is one of the major factors that drives the growth of
the market. The positive attributes of molten salt have increased
as a result of R & D activities in the market. One of the most
important qualities of molten salt energy TES is that it has
operating temperatures compatible with high-pressure and
high-temperature steam turbines.
For more information visit http://www.researchandmarkets.com/research/fcpd7m/global_molten
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector:
Environmental