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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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2010 vs 2011 forecasts. Pike made four major changes in the methodology it uses to forecast the value of the ESG market since the 2010 forecast (ESG-10): The load following application has been moved to the ancillary services market forecast, which is included in a separate report on that subject.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

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billion in 2010 profit on a net margin of 4.6% Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 and North American suppliers pulled in $8.2 billion on a net margin of 4.3%—things

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

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But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry.

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The EV Transition Explained: Policy Roadblocks

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economy away from dependence on fossil fuels like petroleum, coal and natural gas to 100 percent carbon-free electricity by 2035. Implementing an EV national policy that aims to transform the economy is an exercise in mind-boggling complexity. In addition, the lack of relevant legal or industry expertise is increasingly worrisome.

Grid 101