Emily Holbrook, Energy Manager Today
The energy industry is undergoing constant change. From evolving energy storage technology to energy efficiency breakthroughs and upgraded commercial energy management systems, the industry’s advancements should be harnessed by companies. Utilitydive.com recently published five energy industry trends impacting companies today. They are:
- Increased energy storage
- Greater customer control
- Infrastructure evolution
- More diversified energy portfolios
- Enhanced consolidation
Touching on the first trend the site mentions, there have been recent reports pertaining to the demand for energy storage systems. In fact, in January, MarketsandMarkets, a research advisory firm, announced findings indicating that the advanced energy storage systems market is expected to grow from an estimated $12.73 billion in 2017 to $19.04 billion by 2022.