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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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Electric grids require balance in order to function properly. 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., Earlier post.). —research analyst Anissa Dehamna. widespread adoption take hold.