Navigant Research Launches Energy Storage Forecast Data Service

Interactive visualization tool delivers data-driven insights to
highlight fastest-growing markets and inform customer business decisions

BOULDER, Colo.–(BUSINESS WIRE)–#Data—Navigant
Research today announced the launch of its Energy
Storage Forecast Data Service, which provides quarterly market
insights on the emerging energy storage technologies and applications
for the largest global markets.

Powered by Navigant Research’s energy storage forecast models, this Data
Service enables users to prioritize investment targets in markets that
are expected to grow rapidly, while monitoring those that are expected
to emerge, decline, or flatten in the mid-to-long term. By delivering
market forecast data both visually and in numerical tables, users can
quickly appreciate macro trends and then delve into specific market
segments for greater insights.

“The energy storage market is experiencing significant growth in terms
of emerging markets, utility procurements, M&A activity, and business
models,” says Anissa Dehamna, principal research analyst with Navigant
Research. “By incorporating regulatory, policy, procurement, supply
chain, and financing developments into our market forecasts, the Energy
Storage Forecast Data Service delivers timely, actionable market
intelligence.”

Decision makers can use the Data
Services platform to create customized views and sort data by
product or service type, region or country, price, and manufacturer, or
additional customization can be developed upon request. These offerings
allow energy professionals to anticipate market disruption, understand
likely changes in the future product mix, and evaluate the entire market
ecosystem of suppliers, influencers, manufacturers, and customers.

Data is updated on a quarterly basis, with the 10-year forecasts revised
based on Navigant Research’s continual tracking of the latest trends, as
well as expanding data sources for product sales. Market forecasts
include seven applications, up to 10 technologies (e.g., pumped storage,
flywheels, ultracapcitors, power-to-gas, lithium ion, flow, and advanced
lead-acid batteries), and as many as nine building types and 26 country
markets. The market size is measured in megawatts, megawatt-hours, and
installed system revenue.

The Energy Storage Forecast Data Service is the latest in a family of
interactive tools that forecast the future trends in innovation for the
clean energy industry. Navigant Research also offers the Energy Storage
Projects Data Service, which provides project data — including the
participating companies and project scale — on current and newly
commissioned energy storage projects across the globe.

For more information about the Data
Services offering or a demonstration
of a specific product, contact Navigant Research at +1.312.583.6848 or [email protected].

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of the
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.

* The information contained in this press release concerning the
Energy Storage Forecast Data Service is a summary and reflects Navigant
Research’s current expectations based on market data and trend analysis.
Market predictions and expectations are inherently uncertain and actual
results may differ materially from those contained in this press release
or the report. Neither Navigant Research nor Navigant undertakes any
obligation to update any of the information contained in this press
release or the report.

Contacts

Navigant Research
Lindsay Funicello-Paul, +1-781-270-8456
[email protected]