Global Superconducting Magnetic Energy Storage Systems (SMES) Market becoming significant in utility applications
11/23/2009

Bharatbook.com added a new report on "Global Superconducting Magnetic Energy Storage Systems (SMES) Market 2008-2012" provide in-depth analysis on the SMES market.

Online PR News – 23-November-2009 – – Global Superconducting Magnetic Energy Storage Systems (SMES) Market 2008-2012

Superconducting Magnetic Energy Storage Systems (SMES) are devices that are capable of storing energy in the magnetic field (The magnetic field is created by the flow of direct current in a superconducting coil, which has been cryogenically cooled to a temperature below its superconducting critical temperature). The SMES systems are capable of releasing stored energy instantaneously, and are useful for short duration energy storage. ( http://www.bharatbook.com/detail.asp?id=125563&rt=Global-Superconducting-Magnetic-Energy-Storage-Systems-SMESMarket-2008-2012.html )

Presence of energy storage devices such as capacitors, batteries, flywheel energy storage (FES) systems, the Superconducting Magnetic Energy Storage Systems (SMES) systems, and compressed air energy storage (CAES) are making the Energy Storage Devices Market highly competitive. This increase in competition is forcing vendors of SMES systems to explore new markets such as frequency regulation and energy delivery network.

The highest demand for SMES devices comes from the Utilities industry. This industry is facing a pressure due to increase in load growth and customers demand for improved power quality and reliability. Also, the players of the utility industry are demanding for cost effective, energy efficient and reliable energy storage devices. SMES systems are able to offer such advantages; thus, SMES are becoming significant in utility applications.

The report forecasts the size of the Global Superconducting Magnetic Energy Storage Systems (SMES) Market over the period 2008-2012. Further, it discusses the key market drivers, market trends, challenges of the Global Superconducting Magnetic Energy Storage Systems (SMES) Market, and profiles some of the key vendors of this market.

To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/detail.asp?id=125563&rt=Global-Superconducting-Magnetic-Energy-Storage-Systems-SMESMarket-2008-2012.html

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