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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. “Contributing to the short-term over-capacity issue is that manufacturers rushed to build out capacity ahead of demand to (a) capture stimulus funding and (b) try to drive scale to reduce cost. —Energy Storage on the Grid (2011). —Energy Storage on the Grid (2011).

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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. The economic impact of a General Motors or Chrysler bankruptcy is being debated across the country. The Role of Banks.

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