Press release

Navigant Research Report Shows Mobile Advanced Battery Solutions Offer Utilities and Project Developers the Benefits of Energy Storage Without Large Upfront Investment

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A new report from Navigant
Research
examines key applications for mobile advanced energy
storage, discussing specific battery technologies commercially available
in the market as mobile advanced battery solutions.

The energy storage industry continues to gain momentum around the world
as industries of all types are actively working to minimize their carbon
footprints and increase profits. Click
to tweet
: According to a new report from @NavigantRSRCH,
utilities and project developers can reap the benefits of energy
storage, without large upfront investment, through mobile advanced
battery solutions.

“While the majority of energy storage deployments are stationary
solutions, grid operators and facility owners around the world are
beginning to recognize the value that mobile advanced battery systems
can provide,” says Alex Eller, senior research analyst with Navigant
Research. “Drivers for mobile advanced batteries include cost deferral
potential, short-term load management, and flexibility.”

According to the report, technological innovation within mobile battery
systems is happening on several fronts, most notably the electric
vehicle (EV) charging market. As facility owners and event planners
further understand the long-term power implications a fleet of EVs has
on the local transformer, mobile batteries have become a way to
integrate and manage higher electricity loads.

The report, Profit
Increases from Deploying Mobile Advanced Batteries for Short-Term Loads
,
explores key applications for mobile advanced energy storage. The study
discusses specific battery technologies commercially available in the
market as mobile advanced battery solutions. These include Lithium ion,
redox flow, and advanced lead-acid batteries. The report also examines
the issues mobile battery solutions face at key junctions in the
electricity value chain, and how ESS stakeholders can manage these
issues with adequate planning. An Executive Summary of the report is
available for free download on the Navigant
Research website
.

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
clean, intelligent, mobile, and distributed energy. 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
report,
Profit Increases from Deploying Mobile Advanced Batteries
for Short-Term Loads, 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. Please refer to the full report for a complete understanding of
the assumptions underlying the report’s conclusions and the
methodologies used to create the report. Neither Navigant Research nor
Navigant undertakes any obligation to update any of the information
contained in this press release or the report.