Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B
Green Car Congress
JULY 18, 2011
This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. Electric grids require balance in order to function properly. 2010 vs 2011 forecasts. This means that we will need 3x more battery capacity investments to meet 2020 EV demand. Earlier post.).
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