Thermal energy storage (TES) is a system to store thermal energy. TES can be differentiated into three different categories, namely sensible, latent and thermochemical. The main drivers that propel development of TES system are advancements in material sciences and the emergence of smart thermal grid. Although some of the TES system is already mature especially sensible, adoption of this technology is still slow due to lack of awareness from stakeholders to employ this technology as a method to achieve energy efficiency. Furthermore, high cost of new technology and the recent dramatic drop in oil prices have inhibited or slowed the adoption of TES due to less compelling economics. By using Analytical Hierarchy Process (AHP), emerging TES systems based on latent and thermochemical have been identified as the future of TES systems because it shows remarkable performance capabilities. However, strengthening legislation and standardization frameworks need to be done to see wider adoption of TES systems in the future, especially in Europe and North America.
Research Process and Methodology
Research Scope
Key Findings
Summary of Thermal Energy Storage
Technology Snapshot
Technology Snapshot
Technology Assessment
Technology Assessment
Technology Assessment
Technology Assessment
Technology Assessment
Technology Assessment
Technology Assessment
Technology Assessment
Technology Assessment
Benefit-Cost Ratio
Technology Value Chain
Technology Value Chain (continued)
Technology Value Chain (continued)
Technology Value Chain (continued)
Application of Thermal Energy Storage
Potential Application – Available Market
Technology Drivers and Challenges
Market Drivers and Challenges
Market Drivers and Challenges (continued)
Stakeholder Activities
Stakeholder Activities
Stakeholder Activities
Industry Initiatives
Industry Initiatives
Industry Initiatives
Industry Initiatives
Analytical Hierarchy Process (AHP)-Based Technology Roadmap
AHP-Based Technology Roadmap
AHP-Based Technology Roadmap (continued)
AHP-Based Technology Roadmap (continued)
AHP-Based Technology Roadmap (continued)
AHP-Based Technology Roadmap (continued)
AHP-Based Technology Roadmap (continued)
AHP-Based Technology Roadmap (continued)
AHP-Based Technology Roadmap (continued)
AHP-Based Technology Roadmap (continued)
AHP-Based Technology Roadmap (continued)
AHP-Based Technology Roadmap (continued)
AHP–Analyst Insights
AHP–Analyst Insights (continued)
Data for AHP
Some Key Patents
Some Key Patents (continued)
Some Key Patents (continued)
Contact Details
Legal Disclaimer
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| Deliverable Type | Technology Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Hafiz Amin |
| Industries | Energy |
| WIP Number | D6A7-01-00-00-00 |
| Keyword 1 | Thermal Energy Storage Trends |
| Keyword 2 | Emerging Trends in Thermal Energy Storage |
| Keyword 3 | Thermal Energy Storage |
| Is Prebook | No |
Emerging Trends in Thermal Energy Storage (TES) (TechVision)
High Energy Density Latent and Thermochemical Systems Dominate Future of Thermal Energy Storage
29-Sep-2015
Global
Technology Research