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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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Thus, the ancillary services forecasts are based on a value of power ($/kW). In December 2010, Electric Power Research Institute (EPRI) revised its methodology and cost figures for technologies within specific applications. We expect that some battery makers will be targets of acquisition or bankruptcy.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

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Small long-term evaluation program, including modeling of vehicle-to-grid building benefits and economics, begun with Southern California Edison, joined by EPRI, other utilities, US DOE. Batteries not ready. That has to be looked at." ( Reuters ) 3/28/07 "Batteries are not yet an economic or efficient way of storing power.we

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