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PRTM Analysis Finds Li-ion Battery Overcapacity Estimates Largely Unfounded, with Potential Shortfalls Looming; Total Market Demand in 2020 Will Require 4x Capacity Announced To Date

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PRTM concludes that the large format Li-ion battery market could be under-supplied by nearly 10% by 2016. PRTM’s assessment, based on what it called a thorough review of the operational market dynamics, found the following: Under a “Most Probable” scenario, battery manufacturing capacity will hit a shortfall by 2016. Click to enlarge.

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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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Pike fine-tuned its forecasts for Europe and Asia Pacific. With more granularity in the regional analysis has come “a more nuanced interpretation” of the ESG market for Europe and Asia Pacific. Pike Research now uses the revised cost figures for bulk storage applications for each technology.