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Pike Research forecasts hybrid electric locomotive sales could reach nearly 500 units from 2011 to 2020; to utilize 514 MWh of battery capacity by 2020

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The market will receive a boost from new diesel locomotive emissions regulations scheduled to go into effect in the European Union in 2014 and in North America in 2015, which will require diesel locomotives to receive substantial changes or exhaust treatments. Other benefits include reduced noise levels and lower maintenance costs.

2020 218
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Pike Research forecasts accelerating hybrid locomotive sales from 2015-2020

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In Europe, track electrification will eliminate the need for either diesel or battery storage in many areas. However, Pike expects hybrid locomotives to have a strong return on investment (ROI), as a result of the ability to use low-cost batteries. Advanced lead acid batteries will make inroads as well.

2015 239