Global Research Grid Scale Energy Storage Market Landscape and Con | Seite 2

The energy storage systems deliver active backing to confirm an even, continuous current of electricity supply. They
keep up the power superiority and dependability with small reaction time. Moreover, they similarly smoothen the
energy production of renewable bases, which are discontinuous in nature.
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Some of the important motivators for the development of the market will be the backing of the government.
Government performs a significant part in deciding the degree of energy storing and energy use. Nations like as Japan,
the U.S., India, and South Korea back the usage of renewable bases of energy and so are giving different motivations
and funding alternatives.
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Some of the most important companies engaged in the Grid Scale Energy Storage market at the international level
are:
Hydrostor
Beacon Power
ABB
LG Chem Johnson Controls
EnerVault
GE
Samsung SDI
S&C Electric
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