This is a fantastically researched and detailed analysis of the global energy storage market, for grid scale, and well worth a read.
One thing which perhaps doesn't get much attention as the industry grows and evolves, is skills and job growth. We've all seen the predictions of the size of the market by 2020- 2025. In order to achieve this not only will we need to see the cost reductions and standardisations mentioned in this article, we'll also need to find and develop a significant amount of talent. Finding it can be challenging, but it's what we do, day in and day out, but as demand grows, salaries increase, and demand will outstrip supply. The industry also needs to consider how to grow it's own new talent.
The energy storage industry has come a long way and we are starting to see the signs of consolidation in use cases around particular technologies which are driving volumes up for some vendors at the battery level. For those that are willing to invest the time and effort to harmonize their offering, there is great opportunity to achieve efficiencies and cost reductions in the balance of the system. We have some exciting times ahead of us as we rapidly transition from pilot and custom deployments to repeatable solutions.