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
The energy storage market is currently limited by a number of factors, Pike notes, including: Inflexible electricity market structures; Displaced cost and benefits (i.e., Technology costs. The cost figures that Pike Research bases its forecast on have also changed. Balancing Li-ion capacity with market opportunities.
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