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Pike Forecasts Grid Stationary Energy Storage Market to Reach $35B by 2020; Significant Opportunity for CAES, Li-ion and Flow Batteries

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According to a new report from Pike Research, worldwide installed revenues for stationary energy storage systems for the electricity grid will grow at a strong pace in the coming decade, increasing from $1.5 Worldwide installed revenue opportunity by energy storage on the grid (ESG) technology, 2010-2020.

Li-ion 199
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Mercedes-Benz Cars plants in Germany to be supplied with CO2-neutral energy from 2022

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In the future, 100% of additional purchased electricity will come from verifiable renewable sources, such as wind- and hydropower. In order to achieve the goals for energy efficiency, energy flexibility and grid stability, the opportunities arising from the digitization of energy networks must be consistently exploited.

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ARPA-E awards $35M to 12 new projects to support medium-voltage devices for grid, industry and transportation

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The 8 BREAKERS projects will work to develop new direct current (DC) devices to better manage power by eliminating electrical faults, improving efficiency and reaction times, and potentially enabling greater proliferation of energy storage and renewable resources.

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