Secure Grid News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Secure grid. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Secure Grid Today - Breaking & Trending Today
/PRNewswire/ The "Thermal Energy Storage (TES) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com s offering. Global. ....
Share this article Share this article ResearchAndMarkets.com s offering. The global Thermal Energy Storage (TES) market along with the rest of energy industry value chain is expected to be impacted by the ongoing pandemic and the virus led global recession. The global market size is revised at a projected US$8 billion for the year 2027. Government measures to curtail movement of people and good sand the worst ever economic downturn will together bring down the energy industry in the year 2020. Lockdowns are bringing electricity consumption in malls, hotels, gyms, schools, shops to almost zero. Utilities are staring at a severe cash crunch as revenues sharply decline and spot prices of electricity plummet. Energy storage deployments worldwide will decline steeply from earlier projections for the year 2020. As finances dry-up for consumers and businesses alike, sales of energy storage systems for homes, building and industrial processes will decline. ....