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Recently, the growth rate of ESS markets in the regions, such as Korea, Australia, and the Americas, has been rapidly growing. In particular, Korea is continuously promoting the linkage with the renewable energy for the renewable energy-linked ESSs according to the government's ‘Energy 3020’ policy, administering policies, including introduction of ESS-utilized promotion rate system, mandatory installation of ESSs in the public institution, etc. The Korean ESS market has been provisionally suspended due to the effect of successive fire incidents in ESSs since last year, whrere degrowth is inevitable in 2019 but the market is expected to revive again after the government’s announcement on the measures and regulations in June; even in Australia, the introduction of renewable energy-linked ESSs is also proceeding in a large scale to addres the electric power shortage, in which even in the home-use market ESSs, the market expansion rate becomes accelerating due to the end of the solar FIT and the policy for ESS supply. The United States initiated and opened a bill to apply the subsidy in the way of the Investment Tax Credit (ITC), which is paid in the installation of solar energy-linked ESSs, even to ESSs alone or in connection with other renewable energies, and it is expected that the market will expand in earnest as it was decided to be enforced from next year. In Europe, F/R projects in the UK and Germany are still in progress for Grid stabilization.

Based on recent market movements, we have re-estimated the mid-to-long term ESS market, and also described ESS policy trends by country in detail.

The LiB ESS market outlook was detailedly estimated by region and by application; a detailed analysis was also conducted for the supply performance by LiB company.

We hope that those who are doing ESS-related business will be able to obtain excellent results by referring to the changes of ESS environment and market outlooks by country.

Ⅰ. Global ESS Supply Expansion Policy

- USA/Europe/Korea/Japan/China/India/Australia

Ⅱ. Global ESS Market Outlook by Technology

1. Global ESS Market Outlook

2. ESS Market Outlook by Technology

- Lead Acid/Pumped Hydro/Flow Battery/NaS Battery/Others

Ⅲ. Global ESS Market Outlook by Application

1. ESS Market Outlook for Grid

2. ESS Market Outlook for C&I/Residential

3. ESS Market Outlook for Telecom/UPS

Ⅳ. Global LiB-ESS Market Outlook

1. Global LiB-ESS Demand Outlook

2. Outlook by Application

3. Outlook by Region

4. Market Proportion by Region

Ⅴ. LiB-ESS Market Outlook by Application

1. Grid Market

1) Global Market Outlook

2) Outlook by Region